Korean word

공동계좌

Pronunciation

Romanizationkongdonggyejwa

Meaning

  • nounjoint account

Example

저희는 공동계좌를 만들었어요.cheo hi neun kong dong gye jwa reul man deu reo sseo yo

We opened a joint account.

Illustration for 공동계좌 (joint account)

More examples

공동계좌에 돈을 입금했어요.kong dong gye jwa e to neul ip kkeum hae sseo yo

I deposited money into the joint account.

Core concept

Money is held in one bank account for several people to deposit and use together.

Common phrases

  • 공동계좌 관리kong dong gye jwa kwal li

    joint account management

  • 공동계좌 입금kong dong gye jwa ip kkeum

    deposit into a joint account

Similar words

공동통장kongdongtongjang: A shared passbook account lets several people deposit and withdraw money through one bankbook.
공유통장kongyutongjang: A bank account opened so several people can share and use the money for a common purpose.
공동 명의 계좌kongdong myeongui kyejwa: A bank account opened under the names of two or more people.
단체계좌tanchegyejwa: A bank account used by a group or organization to manage shared funds.

Definition in Korean

여러 사람이 함께 돈을 넣고 쓰도록 만든 은행의 계좌yeo reo sa ra mi ham kke to neul neo ko sseu do rok man deun eun haeng ui kye jwa

Word origin

The compound joins 공동 (gongdong, "joint") and 계좌 (gyejwa, "bank account") to mean an account shared by several people.

Usage tips

  • A joint account can make shared bills easier, but the owners should agree beforehand on who can use the money and how expenses are divided.

Opposites

  • 개인계좌kaeingyejwapersonal accountnoun

Related words

Word lists with this word