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. Interest

    1. The charge for the privilege of borrowing money, typically ...
  4. Dividend

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

    The crime of obtaining the personal or financial information ...
  6. Brokerage Account

    An arrangement between an investor and a licensed brokerage firm ...
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. Budgeting

    Find The Best Personal Finance Software

    Should you pay for personal finance software or get it free? The best program for you depends on your needs and how private you want to be about money.
  7. This website offers free tools and helpful videos for those needing to keep good track of their finances
    Savings

    Mint.com: Top Free Tools To Track Your Money

    This website offers free tools and helpful videos for those needing to keep good track of their finances
  8. Investing Basics

    What is the difference between accrual accounting and accounts payable?

    Understand the difference between accrual accounting, an accounting method, and accounts payable, which is a ledger entry within the accounting system.
  9. What's a Trust Fund?
    Personal Finance

    What's a Trust Fund?

    A trust fund is a fund comprised of a variety of assets, established by a grantor, to provide financial security to an individual, most often a child or grandchild - or organizations, such as ...
  10. Savings

    5 (Not-So-Extreme) Coupon-Saving Strategies

    Why pay full price when you can get it for less with a coupon? Use these tips to save on shopping big time.

You May Also Like

Hot Definitions
  1. Christmas Island Dollar

    The former currency of Christmas Island, an Australian island in the Indian Ocean that was discovered on December 25, 1643. ...
  2. Santa Claus Rally

    A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations ...
  3. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  4. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  5. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  6. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
Trading Center