: the depositor's book in which a bank records the depositor's deposits and withdrawals : bankbook
Examples of passbook in a Sentence
Recent Examples on the WebYet, the legal limit a bank could pay on a savings account was set by the government at 5 1/4% — the passbook savings rate.
Julie Jason, The Mercury News, 15 July 2019 Even so, Lake said customers shouldn’t expect interest paid on passbook savings, checking accounts or CDs to rise much.
Adam Shell, USA TODAY, 12 Oct. 2017
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'passbook.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.