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Meaning of bank statement

bank' state"ment

Pronunciation: [key]
  1. a monthly statement of account mailed by a bank to each of its customers with checking or other accounts, recording the banking transactions and current balance during a period and usually including canceled checks.
  2. a statement required to be published periodically by a bank showing its financial status, as assets and liabilities.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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