| A | B |
|---|
| checkbook register | A booklet used to record checking account transactions. |
| special endorsement | An endorsement that transfers the right to cash a check to someone else. |
| restrictive endorsement | An endorsement that limits the use of a check. |
| bank reconciliation | The process of matching your checkbook register with the bank statment. |
| Blank endorsement | The signature on the back of a check when you cash it. |
| demand deposit | A type of bank account from which funds may be withdrawn at any time. |
| check | A written order to a bank to pay the amount stated to the person or business named on it. |
| overdraft | A check written for more money than your account contains. |
| compound interest | Earning interest on your interest |
| Notary Public | Witness the signature and identity of a person |
| Money Order | a printed order for payment of a specified sum, issued by a bank or post office |
| Money Market account | A higher interest savings and checking account that you need a high balance to obtain. |
| FDIC | Insures your deposit accounts up to $ 250,000 |
| Federal Reserve Bank | The bank of the US who oversees the prime interest rate. |
| floating a check | The time between writing the check and the check clearing your account. |
| Traveler's check | Signed once when you buy the check and once when you spend the check. |
| outstanding check | Checks written that have not cleared your account. |
| outstanding deposit | Deposits made that do not show up on the bank statement. |
| Account number | The number on the check that is connected to the owner of the account. |
| Routing Number | The numbers on the check that is connected to the bank the account is held at. |
| Commercial bank | Banks that provide services to the general public. |
| credit union | Provides banking services for their members. |
| Certificate of Deposit | An account that you must keep a minimum balance for a specific time period. |
| Cancelled check | A check that has been cashed and taken out of your account. |
| Stop Payment check | Tells the bank not to honor the check. |
| EFT | Moves funds from one account to another by computer. |
