Meaning & Definition of word "Checkbook"
to
Checkbook
/ˈtʃɛkˌbʊk/
noun:
- 1. A book used for recording deposits and withdrawals from a bank account, usually containing blank checks.
- Example: I need to get my checkbook before I can pay the rent.
- 2. A booklet of checks that can be used to make payments or withdraw money from a bank account.
- Example: He flipped through his checkbook to find the next available check.
- 3. The act of managing and tracking one’s banking transactions.
- Example: Checking my checkbook regularly helps me avoid overdraft fees.
Etymology
The word 'checkbook' is a combination of 'check', referring to a written order directing a bank to pay money, and 'book', referring to a collection of those checks.
Common Phrases and Expressions
balancing the checkbook:
The process of matching one's check register with the bank statements to ensure accuracy.
checkbook medicine:
A term used to describe healthcare that is predominantly financed through checking accounts and insurance.
Related Words
check:
A written order directing a bank to pay money.
bank account:
An account maintained by a financial institution for a customer.
Slang Meanings of checkbook
Meaning: Money or financial resources.
Example Sentence: He's got a big checkbook, so he can afford all the luxuries.
Meaning: The ability to pay for something.
Example Sentence: I hope your checkbook is ready for this vacation!