| A | B |
|---|
| Bank Service Charge | A fee charged by the bank for maintaining accounts |
| Bank Statement | An itemized record of all transactions |
| Canceled Checks | Checks that are paid by the bank and deducted from the account |
| Check | An order telling the bank to pay |
| Checking Account | An account allowing customers to deposit cash and write checks |
| Depositor | A person or business that has cash on deposit at a bank |
| Deposit Slip | A bank form listing the currency and checks to be deposited |
| Drawee | The bank on which the check is written |
| Drawer | The person who signs a check |
| Endorsement | An authorized signature or stamp on the back of a check |
| External controls | Controls on cash from outside the business |
| Internal Controls | Steps the business takes to protect cash |
| NSF Check | A check returned because there is not enough money to cover it |
| Outstanding Check | Checks that have been written but have not cleared the bank |
| Outstanding Deposit | Deposits made but not appearing on the bank statement |
| Payee | The person or business to whom a check is written |
| Reconciling | Determining the differences between the checkbook and bank statement balances |
| Restrictive Endorsement | Limits how a check may be handled |
| Signature Card | Contains signatures of those authorized to sign checks |
| Stop Payment Order | Demands that a bank NOT pay a check |
| Voiding a Check | Writing the word "Void" - making a check useless |
| Electronic Funds Transfer | Transfers fund between accounts without the use of paper |
