From Longman Dictionary of Contemporary Englishchecking accountˈchecking acˌcount noun [countable] American EnglishBFB a bank account that you can take money out of at any time, and for which you are given checks to use to pay for things SYN current account British English → deposit account
Examples from the Corpus
checking account• Flynn never maintained a checking account during his years in office.• Everyone who could simply had to open a checking account and a savings account.• People would open a checking account, so they could cash a check at the market.• For example, individuals can verify the validity of transactions using their monthly checking account and credit card statements.• There is $ 1,600 in my checking account and I have no other money in the world.• But how long would it take you to retype months of checking account statements?• There are more than 100 separate checking account fees. 