Banking Vocabulary

Front

Automatic Teller Machine. Allows a bank account holder to manage funds by withdrawing or depositing money, viewing balances, and more.

Back

ATM

Front

The amount of money in your bank account.

Back

Balance

Front

What is the term for the following definition? A monthly document from your bank showing all transactions on your account.

Back

Bank Statement

Front

A bank product that earns interest on a lump-sum deposit left untouched for a fixed period.

Back

Certificate Of Deposit (CD)

Front

A check that has been paid or cleared by the bank and appears on your bank statement.

Back

Canceled Check

Front

A written, dated, and signed order to the bank to pay a definite sum of money to a payee.

Back

Check

Front

Checkbook

Back

A portable portfolio that holds your check register, checks, deposit slips, receipts, and other records of ATM/debit card transactions.

Front

A business that cashes checks and gives the customer cash in exchange for a fee.

Back

Check Cashing Store

Front

A record that allows you to keep track of checks you have written, ATM/debit card transactions, as well as deposits and withdrawals.

Back

Check Register

Front

A card connected to your checking account that enables ATM transactions and purchases.

Back

Debit Card