bank accounts
Where money sits
Bank accounts are arrangements with financial institutions that hold money on deposit.
A checking account (current account in British English) allows frequent transactions; a savings account earns interest but limits withdrawals.
To open a bank account typically requires identification and an initial deposit.
The IRS can freeze bank accounts for unpaid taxes.
- direct depositFunds sent to account automatically
- checkingAct of verification
- mutual fundsCollectively managed securities portfolios
- overdraftSpending past zero
- FDICFederal deposit guarantor
personal finance · savings · fees · ledger · term deposits · interest rate · interests · savings accounts · minimum balance · bonds · funds · checking accounts · teller · stocks · routing number · passbook · statement · debit
- household budgetbills, expenses, income, rent, savings
- Banking Accesschecking accounts, savings accounts, credit unions, ATM access, debit cards
- Marital Assetsmarital home, community property, joint tenancy, equity, mortgage
- spousal rightsspousal rights, equal partnership, conjugal rights, divorce rights, inheritance rights
- probateexecutor, probate court, probate, beneficiary, executors
- assetsproperty, cash, money, investments, savings
bank accountscash
Ready spending funds
cash in hand · mattress money · hard cash · paper money · buried treasure
bank accountsoff the grid
Independent of infrastructure
under the table · mattress money · shadow banking · barter · underground economy
bank accountsreal estate
Land and its structures
property · fixed assets · collectibles · inventory · retirement funds
bank, account, banker, banking, bankrupt, banks, bankruptcy, banked, bankers