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WordNet-Online
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Definitions from the WebChecque AccountDescription:A checque account, also known as a checking account or current account, is a type of bank account that provides easy access to deposited funds for daily financial transactions. It allows account holders to write cheques and make electronic transfers to pay bills, receive payments, make purchases, and manage their finances efficiently. Senses:Sense 1:A checque account refers to a basic account held with a bank or financial institution, typically used for day-to-day banking activities. Example sentence: John opened a checque account to conveniently manage his monthly expenses. Sense 2:In some countries, a checque account specifically refers to an account that includes overdraft privileges, enabling the account holder to withdraw funds beyond the available balance. Example sentence: Sandra opted for a checque account to have the flexibility of overdraft for unexpected expenses. Usages:Popular Usage:In most countries, a checque account is the primary type of account that individuals use to conduct their financial transactions. Example sentence: A checque account is essential for managing day-to-day expenses and handling financial obligations efficiently. Local Usage:In certain regions, like the United Kingdom, the term "checque account" is commonly used, while in others, "current account" or "checking account" is more prevalent. Example sentence: In the UK, it is common for individuals to have a checque account to facilitate their daily monetary transactions. Related Products: | ||||
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