CHECK REGISTER Meaning and
Definition
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A check register is a document or a book used to keep track of all the transactions made using a checking account. It serves as a detailed record of the account holder's financial activities, including deposits, withdrawals, and other monetary transactions.
The check register typically contains several columns to record various information related to each transaction. These columns may include the date of the transaction, a description or purpose of the transaction, the amount of money deposited or withdrawn, the current account balance, and any additional notes or comments.
The primary purpose of a check register is to provide a clear and organized overview of the account holder's financial situation, enabling them to monitor their spending, keep track of the available funds, and reconcile their account statements. By regularly updating the check register with accurate and up-to-date information, individuals can ensure accurate bookkeeping and avoid overdrawing their accounts.
In the digital age, check registers may be kept as electronic spreadsheets or online banking applications, allowing individuals to manage their finances efficiently. However, the fundamental function of the check register remains the same – to provide a comprehensive and chronological record of all financial transactions associated with a checking account.
Common Misspellings for CHECK REGISTER
- xheck register
- vheck register
- fheck register
- dheck register
- cgeck register
- cbeck register
- cneck register
- cjeck register
- cueck register
- cyeck register
- chwck register
- chsck register
- chdck register
- chrck register
- ch4ck register
- ch3ck register
- chexk register
- chevk register
- chefk register
- chedk register
Etymology of CHECK REGISTER
The term "check register" is derived from two separate words: "check" and "register".
The word "check" originated from the Old French word "eschequier", which was a name for the medieval game of chess. The game involved a checkered board, and the term expanded to denote the action of verifying or examining things. Eventually, in the banking context, a "check" came to refer to a written order instructing a bank to pay a specific amount to someone.
The word "register" comes from the Latin word "regesta", meaning "to write down or record". It entered the English language in the late 14th century, referring to an official record or entry made in a book.
When combined, the term "check register" refers to a document or booklet used to record details of checks written or deposited in a bank account.
Similar spelling words for CHECK REGISTER
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