Bank Statement
/ˈbæŋk ˌsteɪtmənt/
Definitions
- (n.) An official document issued by a bank detailing all transactions, balances, and activities in an account during a specified period.
The borrower submitted a bank statement to verify their financial status.
Forms
- bank statement
- bank statements
Related terms
See also
Commentary
In legal contexts, bank statements often serve as evidence of financial activity and are critical in disputes involving verification of funds or fraud investigations.
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.