Definition:

Account history refers to all the transactions established by the account holder. It also includes all those activities with in an account along with the beginning of transaction till the end is called account history.

Explanation:

It is a important instrument for the credit card companies as it helps them to identify theft as well as fraud , specifically when the transaction is not an ordinary transaction. Most of the accounts such that saving accounts, checking accounts and brokerage accounts forward a monthly statements or account history to account holders, furthermore, account history is recorded in a account statement.