account-activity

Vocabulary Word

Definition

The term 'account activity' usually refers to all the transactions, such as deposits or withdrawals, or interactions that are performed within a particular account. It's like tracking all the moves you make in a game of chess.

Examples in Different Contexts

In banking, 'account activity' refers to all transactions in a customer's account. A bank manager might explain, 'Your account activity this month includes deposits, withdrawals, and online payments.'

Practice Scenarios

Leadership

Scenario:

Our team has been missing out on upselling opportunities with existing clients. We need a strategy to maximize potential revenues.

Response:

Yes, monitoring the account activity closely should give us some insights into upselling opportunities.

Business

Scenario:

There seems to be unusual transactions happening in the corporate account. We need to verify these activities.

Response:

Agreed, let's conduct a comprehensive review of the account activity. It's essential to maintain transparency in our financial operations.