| A | B |
|---|
| payee | person for whom the check is written out and collects the money |
| cancelled check | check that's been processed by the bank |
| overdraft | not enough money on your checking account balance to pay a check |
| bounce a check | not pay a check you wrote |
| minimum balance | amount of money you must keep in your account to avoid a penalty |
| maintenance fee | money charged by bank to operate your account |
| waive a fee | not to have to pay a fee |
| withdrawal | take money out of your account |
| deposit | put money in to your account |
| transaction | withdrawal or deposit into an account |
| signature | your name in cursive on the back or front of a check |
| interest | money the bank gives you to borrow your money |
| restriction | limitation, when you can't do something |
| endorsement | signature on the back of a check for a purpose |
| blank endorsement | anyone can cash this check |
| special endorsement | limits payment to a certain person |
| restrictive endorsement | for deposit only |
| check register | list of deposits and withdrawals with date and check number |
| reconcile a bank account | bank statement and own record agreee |
| outstanding transaction | a transaction that happened AFTER the date of your bank statement |
| ATM | automated teller machine |
| ATM card | a safe card you use to get cash |
| debit card | a card that automatically deducts the amount of a purchase from your checking account |
| direct deposit | your pay check goes right into your checking account |
| cashier's check | a guaranteed check |
| certified check | bank guarantees you have enough money in your account to cover a check |
| international postal money order | a check you buy from the post office to send money abroad |
