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Checking Account Vocabulary

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
authorized   Official; approved; correct  
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bank statement   a bank form that is sent each month to the customerl a form listing all the checks paid, deposits made, ATM uses, service charges, and the account's balance  
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cancelled check   any check the bank pays and subtracts from your checking account  
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check register   a small booklet to use to keep track of your balance when you write checks or make a deposit or withdrawal  
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currency   folding money; money in bills, such as a dollar bill or a five dollar bill  
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deposit slip   a slip of paper kept by the bank to show how much money you put into your account  
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endorse   to sign your name on the back of a check  
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entry   something entered into a book or booklet  
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signature card   a card with the name, address, and authorized signature of a bank customer  
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coin   metal money: dimes, pennies, quarters, nickels, etc.  
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check   A written order to a bank to pay a stated amount from the account  
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withdrawal slip   a slip of paper kept by the bank you complete to show how much money you took out of your account  
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Deposit   to put money into a bank account  
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withdrawal   to take money out of a bank account  
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balance   how much money is left in a bank acount  
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teller   a person who works in a bank helping customers  
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ATM   Automated Teller Maching: a machine used by bank customers to make deposits and withdrawals  
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service charge   the bank's fee for taking care of your bank account  
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interest   the amount it costs to borrow money OR the amount the bank pays you for storing your money there.  
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Created by: Aphicks
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