| A | B |
|---|
| certificate of deposit (CD) | savings accounts for which certificates are issued, not passbooks |
| drawer | the person who writes the check |
| drawee | the bank that is instructed to play |
| payee | the person who receives the money from the check |
| NOW accounts | checking accounts on which the bank pays interest (negotiable order of withdrawal) |
| canceled check | check that has been stamped to show that it has been paid |
| reconciling | process of bringing your check record and the bank statement into agreement |
| endorsement | a signature on the back of a check |
| certified check | a personal check on which a bank has written its guarantee that payment will be made |
| electronic fund transfer (EFT) | moving of money from one account to another by computer |
