Account History

AAA

DEFINITION of 'Account History'

All activity within an account, usually since inception. In a bank account, the account history includes all transactions initiated by the account holder as well as passive entries (such as interest on balances, which are credited to the account). The account history is also called a "ledger", depending on where the account is held.

INVESTOPEDIA EXPLAINS 'Account History'

Account histories can be a very important tool for credit card companies to identify fraud or identity theft, particularly when transactions are out of the ordinary in terms of their amount or place of purchase. Account history is recorded on the account statement, which is an important document to retain.

Most checking, savings and brokerage accounts will send a monthly statement to account holders. This statement should include the account history for that month.

RELATED TERMS
  1. Account Current

    A summary of the performance of each individual insurance agent ...
  2. Account Inquiry

    Any inquiry into an account, whether it be a depositary account ...
  3. Identity Theft

    The crime of obtaining the personal or financial information ...
  4. Dividend

    1. A distribution of a portion of a company's earnings, decided ...
  5. Interest

    1. The charge for the privilege of borrowing money, typically ...
  6. Brokerage Account

    An arrangement between an investor and a licensed brokerage firm ...
RELATED FAQS
  1. No results found.
Related Articles
  1. Retirement

    Tired Of Banks? Try A Credit Union

    These nonprofit organizations can provide a range of services for lower fees.
  2. Budgeting

    Debunking 10 Budget Myths

    Don't let these excuses prevent you from reaching your financial goals.
  3. Insurance

    Your First Checking Account

    This owner's manual will show you what to expect from your bank.
  4. Options & Futures

    Choose To Beat The Bank

    From internet banking to credit unions, it's in your power to cut fees and maximize service.
  5. Options & Futures

    Demystification Of Bank Accounts

    Find out which type of account suits your specific needs.
  6. Savings

    Where the World's Best Savers Live

    The 10 countries where the world's best savers live.
  7. Savings

    Which Are The Best Credit Cards To Take To China?

    Credit cards are now much more widely accepted in China – and one issuer leads the pack, due to its deal with China UnionPay, the Chinese bankcard network.
  8. Savings

    Finding A No-Fee Rental In New York City

    Pounding the pavement isn't the only way to avoid a broker fee. Here are some other tactics, plus the best online sites for no-fee apartments in NYC.
  9. Savings

    Who Gives The Best Rewards – Expedia Or Orbitz?

    The best program for you depends on how you want to use the points. Expedia gives you more flexibility .
  10. Credit & Loans

    Review: Barclaycard Rewards MasterCard

    If you're looking for a rewards card and you have an average credit score, this one's worth investigating.

You May Also Like

Hot Definitions
  1. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
  2. Gordon Growth Model

    A model for determining the intrinsic value of a stock, based on a future series of dividends that grow at a constant rate. ...
  3. Cost Accounting

    A type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step ...
  4. Law Of Supply

    A microeconomic law stating that, all other factors being equal, as the price of a good or service increases, the quantity ...
  5. Investment Grade

    A rating that indicates that a municipal or corporate bond has a relatively low risk of default. Bond rating firms, such ...
  6. Fringe Benefits

    A collection of various benefits provided by an employer, which are exempt from taxation as long as certain conditions are ...
Trading Center