A | B |
financial institution | A business that provides money-related services. |
checking account | An account that allows the owner to write checks against deposited money. |
debit card | Cards that allow customers to electronically and immediately withdraw funds from their accounts. |
savings account | An account used to hold money that is not needed right away. |
loan | An amount of money borrowed by someone that must be repaid, usually with interest. |
interest | A fee received for the use of money. |
credit card | A card that allows the holder to buy goods and services, taking out a bank loan for the purchases. |
checks | Written orders to a bank to pay a certain amount of money from a checking account to another person or business. |
deposit tickets | Written records of money put into a checking account. |
check register | A booklet for recording the money that is put in or removed from the checking account. |
net deposit | The amount of money deposited into an account, minus any cash received. |
endorse | To write a signature on the back of a check. |