Checking Account Vocab

Checking Account Vocab

8th - 12th Grade

22 Qs

quiz-placeholder

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Checking Account Vocab

Checking Account Vocab

Assessment

Quiz

Business

8th - 12th Grade

Medium

Used 24+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

single

joint

express

interest-bearing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

overdone

overdrawn

oversee

overbearing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

AMT

PIN

EFT

ATM

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

interest

credits

debits

deposits

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

checking

savings

loan

certificate of deposit (CD)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

autograph

transfer

fee

endorse

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

register

statement

check

hold

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