Checking Account Vocab

Checking Account Vocab

Assessment

Flashcard

Business

8th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

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21 questions

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1.

FLASHCARD QUESTION

Front

A type of account in which only one person can make withdrawals from it

Back

single

2.

FLASHCARD QUESTION

Front

This describes an account that has a balance that is negative (less than zero)

Back

overdrawn

3.

FLASHCARD QUESTION

Front

An automated teller machine that provides 24 hour access to banking services such as deposits and withdrawals.

Back

ATM

4.

FLASHCARD QUESTION

Front

Withdrawals or transactions that are subtracted (deducted) from your account balance.

Back

debits

5.

FLASHCARD QUESTION

Front

An type of account at a bank that allows a customer to deposit money, make withdrawals and make transfers.

Back

checking

6.

FLASHCARD QUESTION

Front

The payee's signature on the back of a check in order to cash it - it can be hand-written, stamped or electronic.

Back

endorse

7.

FLASHCARD QUESTION

Front

A written order used to tell a bank to pay money from an account holder to the check holder (payee).

Back

check

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