Checks Vocabulary

Front

Bank

Back

A company that is owned by its stockholders and provides savings and checking accounts and other financial services to its customers

Front

What vocabulary word matches the following definition: Written order directing a bank or credit union to pay a person or business a specific sum of money.

Back

Check

Front

A personal check is ..

Back

A check that’s written from a personal checking account

Front

A business check is ..

Back

A check that’s written from a business checking account

Front

Purpose of using checks?

Back

To make payments and transfer money

Front

What vocabulary word matches the following definition: a sum of money placed in or kept in a bank account

Back

Deposit

Front

Payment is..

Back

the transfer of money to get something

Front

Checkbook

Back

a book of blank checks

Front

A debit card ..

Back

immediately withdraws funds from the user’s bank account

Front

Endorse

Back

To sign the back of a check to make it payable to the specified payee