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Money Sparta
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Question | Answer |
---|---|
ATM | Automatic Teller Machine |
Certified Check | a check that is guaranteed by a bank. |
Checking Account | an account at a bank against which checks can be drawn by the account depositor. |
Check Register | the journal used to record all of the checks, cash payments, and outlays of cash during an accounting period. |
Debit Card | a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase. |
Direct Deposit | the electronic transfer of a payment directly from the account of the payer to the recipient's account. |
Online Banking | Online Baking AKA Internet banking, e-banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. |
Saving Account | a bank account that earns interest. |
Signature Card | A signature card is a document that a bank keeps on file with the signatures of all the authorized people on that account. The bank employees can use this card to verify signatures on checks to make sure the proper people sign them. |