Definition of: statement

(stāt′mənt) noun
1. A summary of facts; narration; the act of stating.
2. That which is stated.
3. Law A formal narration of facts filed as the foundation for judicial proceeding; a pleading.
4. A summary of the assets and liabilities of a bank or firm, showing the balance due.
5. A report sent, usually at monthly intervals, to a debtor of a business firm or to a depositor in a bank. See synonyms under REPORT.