| A | B |
|---|
| Cashless Society | A society where consumers rely solely on credit cards, debit cards, electronic accounts and checks. |
| Credit Union | A nonprofit financial institution that is owned by its members and organized for their benefit. |
| Safe Deposit Box | a small, secure storage compartment that you can rent in a bank, usually for $100 a year or less. |
| Check | A form of payment that you write and it comes out of your account. |
| Cash Card/ Gift Card | A card in which money is added onto. Not redeemable for cash. |
| Money Order | A form of check payment on which the financial institution prints the exact amount covered. Often used by people who do not have a checking account. |
| Cashier's Check | A check issued by a bank and sold to you for personal payments to people who won't accept a personal check. It certifies that you have the money available. |
| Credit Card | Allows you to automatically borrow money to pay for your purchase. You get a monthly bill which states your balance and balance due. |
| Bounced Check | A check written for an amount more than in your account. |
| Commercial Bank | A for-profit institution that offers a full range of financial services. |
| Reconcile | Make your bank records compatible with your bank statements. |
| Barter | The direct exchange of one good for another, without the use of money. |
| Debit Card | A card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account. |
