(とうざよきん)

とうざよきん
noun
checking account; current account
1. checking account; current account
A bank account primarily used by businesses for issuing checks and making frequent transactions. Unlike savings accounts, it typically does not earn interest.
当座預金(とうざよきん)開設(かいせつ)する。
To open a checking account.
当座預金(とうざよきん)利息(りそく)がつかない。
Checking accounts don't earn interest.
会社(かいしゃ)支払(しはら)いは当座預金(とうざよきん)から小切手(こぎって)(おこな)われる。
Company payments are made by check from the checking account.

A financial term composed of 当座(とうざ) (current; for the time being) + 預金(よきん) (deposit; savings). In Japan, 当座預金(とうざよきん) accounts are used mainly by businesses and are linked to 小切手(こぎって) (check) transactions. Individuals typically use 普通預金(ふつうよきん) (ordinary savings accounts) for everyday banking.

COMMON COLLOCATIONS:

  • 当座預金(とうざよきん)口座(こうざ): checking account
  • 当座預金(とうざよきん)残高(ざんだか): checking account balance
  • 当座(とうざ)取引(とりひき): current account transactions
  • 当座(とうざ)借越(かりこし): overdraft

RELATED TERMS:

  • 普通預金(ふつうよきん): ordinary savings account — the most common type of individual bank account in Japan
  • 定期預金(ていきよきん): fixed-term deposit; time deposit — earns higher interest but funds are locked for a set period
  • 小切手(こぎって): check — the main instrument used with checking accounts