DEFINITION of 'Checking Account'. A transactional deposit account held at a financial institution that allows for withdrawals and deposits. Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines and electronic debits, among other methods. transactional deposit account held at a financial institution that allows for withdrawals and deposits. Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines and electronic debits, among other methods.
Mental Health First Aid (MHFA) is an extension of the âfirst aidâ concept into helping people suffering from a mental health crisis (or at risk of developing one).
Federal Housing Finance Agency - FHFA. DEFINITION of 'Federal Housing Finance Agency - FHFA'. A U.S. government agency created by the Housing and Economic Recovery Act of 2008 that regulates the secondary mortgage market by overseeing the activities of Fannie Mae, Freddie Mac and the 12 federal home loan banks.