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  2. What is a checking account? - AOL

    www.aol.com/finance/checking-account-174644492.html

    A checking account is fundamental for making day-to-day financial transactions, while a savings account is a good place for funds set aside for emergencies, or financial goals such as a vacation ...

  3. Transaction account - Wikipedia

    en.wikipedia.org/wiki/Transaction_account

    Banking. A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by ...

  4. What Is a Checking Account and How Does It Work? - AOL

    www.aol.com/finance/checking-account-does...

    Checking accounts are demand deposits, meaning that banks are required to return account-holder funds upon demand.

  5. Bank account - Wikipedia

    en.wikipedia.org/wiki/Bank_account

    A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts ...

  6. What is a high-yield checking account? Earn interest and ...

    www.aol.com/finance/what-is-high-yield-checking...

    A checking account is a useful tool for managing your everyday money, offering flexible access for frequent payments, withdrawing cash or covering emergencies. Because it’s designed for day-to ...

  7. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions. A debit entry in an account represents a transfer of value to that account, and a credit entry represents a transfer from the account. [ 1][ 2] Each transaction transfers value from credited ...

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