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 Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines and electronic debits, among other methods.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 Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines and electronic debits, among other methods.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).
For the type of mutual fund, see Money market fund. A money market account (MMA) or money market deposit account (MMDA) is a non-financial account that pays interest based on current interest rates in the money markets.