Account Statement
/ˈæk.aʊnt ˈsteɪt.mənt/
Definitions
- (n.) A detailed record summarizing transactions, balances, and activities in a financial or legal account over a specified period.
The bank sent me the monthly account statement to review all charges and payments.
Forms
- account statement
- account statements
Related terms
See also
Commentary
Ensure clarity on the time period covered and the types of transactions included when drafting or citing account statements in agreements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.