Account Inquiry

AAA

DEFINITION of 'Account Inquiry'

Any inquiry into an account, whether it be a depositary account or credit account. The inquiry can refer to past records, payments or other specific transactions, or any other entries relating to the account.

INVESTOPEDIA EXPLAINS 'Account Inquiry'

Most financial institutions have a formal department that deals with account inquiries. Sometimes the term is used when there is a request to or from a credit agency about a particular consumer.

RELATED TERMS
  1. Credit Inquiry

    A transaction whereby a bank or other credit-issuing institution ...
  2. Closed Account

    In the simplest sense, any account that has been closed out or ...
  3. Account Statement

    A periodic summary of account activity with a beginning date ...
  4. Liability

    A company's legal debts or obligations that arise during the ...
  5. Savings Account

    A deposit account held at a bank or other financial institution ...
  6. Credit Report

    A detailed report of an individual's credit history prepared ...
Related Articles
  1. Credit & Loans

    What's On A Consumer Credit Report?

    A look at the various components and considerations that go into one's credit report and credit score.
  2. Credit & Loans

    The Importance Of Your Credit Rating

    A great starting point for learning what a credit score is, how it is calculated and why it is so important.
  3. Options & Futures

    The Ins And Outs Of Bank Fees

    These service charges could nickel and dime you right out of your nest egg.
  4. Insurance

    Your First Checking Account

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

    Demystification Of Bank Accounts

    Find out which type of account suits your specific needs.
  6. Credit & Loans

    Does a cash advance hurt my credit score?

    Find out if a cash advance will hurt your credit score and how your credit report and requests for new credit can be affected by a cash advance,
  7. Credit & Loans

    What's the difference between a credit bureau and a credit rating agency?

    Learn the differences between credit bureaus that report on individuals' creditworthiness and credit rating agencies that rate corporate or government debt.
  8. Credit & Loans

    Do I still owe debt collectors for a debt that's past the statute of limitations for my state?

    Learn more about the statutes of limitations that govern certain personal debts and why you maintain obligations as a debtor even if the statute has expired.
  9. Credit & Loans

    Does shopping for the best interest rate affect my credit score?

    Learn about hard and soft credit inquires and how shopping for credit may negatively affect credit scores. Explore strategies to avoid this.
  10. Credit & Loans

    What's more important to lenders, my credit score or my credit report?

    Find out why lenders care more about your credit report than your credit score and why you should care more about your credit report, too.

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