a bank account from which payments can be ordered by a depositor.

The phrase “a bank account from which payments can be ordered by a depositor” refers to a checking account.

Quick Scoop

• A checking account is a type of bank account used for everyday money management, like paying bills, making purchases, and withdrawing cash.

• It lets the depositor “order payments” using checks, debit cards, or electronic transfers directly from the account balance.

• Textbook-style definitions and accounting study guides explicitly match that exact wording (“a bank account from which payments can be ordered by a depositor”) with the term “checking account.”

In short: when you see that exact phrase in a homework or quiz question, the one-word answer they are looking for is checking (or “checking account”).

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A clear explanation of the phrase “a bank account from which payments can be ordered by a depositor.” Learn why the correct term is a checking account, with simple context and usage examples.