- Definition
A chequing account is like a wallet at the bank where you keep money you plan to spend regularly, using a debit card or cheques to pay for things. It's easy to put money in and take it out, but it usually doesn't earn much, if any, extra money for you.
chequing account is a term used in Ontario’s Kindergarten to Grade 8 curriculum.
The descriptions on this page are SmartStudy’s own original, plain-language writing — not the Ministry’s wording. They are aligned to the Ontario Curriculum, © King’s Printer for Ontario. For the Ministry’s official wording, see the source link below. SmartStudy is an independent service and is not affiliated with, endorsed by, or sponsored by the Government of Ontario or the Ministry of Education. Ontario Curriculum and Resources ↗
