| A | B |
|---|
| Check | An order to a bank to pay some one money |
| Checking account | A service provided by a bank that lets a person deposit money and write checks. |
| Signature card | Shows the official signature of each person opening the account. |
| Deposit slip | A form that shows the the amount of money to be deposited, the date, the name of the bank, the account number, and the name of the account holder. |
| Endorsement | The signatue at the left end of the back of the check, to cash the check. |
| Drawer | The person who writes a check. |
| Payee | The person who receives the check. |
| Check Register | The customer's recored of all deposits made and checks written. |
| Overdrawn Account | Result of of writing a check for an amount that is greater than the balance in the account. |
| NSF | Not sufficient funds |
| Voided Check | A check written in error and not used. |
| ATM | Example of electronic banking. |
| Bank Statement | A monthly record of checks, deposits, and service changes for one account. |
| Reconciling | The process of making the check register balance and the bank statement balance agree. |
| Outstanding check | A check that has been written but does no appear on the bank statement. |
| Deposit in transit | A deposit that has been made but does not appear on the bank statement. |
| Interest | Money that banks pay for the use of depositor's money. |
| Regular savings account | A bank account that earns interest at a set rate. |
| Certificate of Deposit | Pays higher interest than a regular savings account but requires a minimum deposit. Further the money cannot be withdrawn for a certain length of time. |
| FDIC | Insures depositors accounts up to $100,000. |
