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Stack #106355

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Definition
Term
Person does this monthly to make sure the account is in balance   Reconcile  
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An account owner must do this in order to approve a check to be deposited into their account   Endorse  
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Number required to access to an account at an ATM   PIN  
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A card which can be used like a credit card but uses money from the account owner's checking account   Debit card  
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Place to immediately record all transactions   Register  
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Type of slip accompanying money when put into an account   Deposit  
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Type of endorsement allowing for deposit only   Restrictive  
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Writing a check for more than the balance in your account; a bounced check   Overdraft  
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Bouncing a check can damage this   Credit report  
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Type of card kept at the financial institution once the account is opened which is used for a reference to prevent fraud   Signature card  
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Check is considered this if it has not yet cleared the financial institution   Outstanding  
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Information about an account mailed each month   Statement  
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Type of endorsement used when signing a check over to a second party   Special  
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The person/institution to whom the check is written   Payee  
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Type of charge to use an ATM not owned by the account owner's financial institution   Fee  
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Don't forget to subtract the amount the bank charges for handling your account from your register   Service charge  
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The amount of money in your account when the statement is sent out   New balance  
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Another name for a checking account   Demand deposit  
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A personal check that has been stamped as guaranteed by the bank   Certified check  
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Anyone can cash a check with this type of endorsement   Blank  
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A payment system in which bills are paid through direct withdrawal   Automatic  
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A check paid and subtracted from the payer's account   Canceled/cleared  
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A request made to a bank to not pay a specified check   Stop payment  
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Amount bank pays if written and numerical amounts do not match   Written  
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Earnings are automatically deposited into customer's account   Direct deposit  
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Transaction that deducts money from payer's account   Withdrawal  
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A written document instructing a bank to pay money from payer's account   Check  
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Created by: troxjac
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