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{%type%} Definitions

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n. - A record of deposits and withdrawals and interest held by depositors at certain banks.

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Usage examples (35)
  • Regular savings accounts are sometimes called passbook accounts and usually have low opening deposit requirements.
  • All thanks to a little piece of Americana called the passbook savings account.
  • Slide 29: Pass Book Each member is issued a passbook, which is a copy of the transactions between an individual member and the group.
  • Since those "passbook" savings are earning nearly nothing, he says there is no reason to risk not having access to the cash.
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