Checking Vocab

What does ATM stand for?

• Automated Teller Machine

• Automatic Time Machine

• Automated Teller Maker

The amount of money you have in a bank account. For example, if you start

with $10 in your account and then deposit $5, your balance is $15.

• Balance

• Checking Account

• Deposit

• Ledger

Writing a check for more than you have in your account. Banks

typically charge a large fee for doing this.

• Bounce a Check

• Withdrawal

• Endorse

A _____ is a written contract between you and your bank. When you write a

check, you are asking the bank to take money from your account and give it to someone else or to a business.

When you make a ___, your account balance goes up because you are adding more money to the account.

• deposit

• withdrawal

When you make a ___, your account balance goes down because you are taking money out of the account.

• deposit

• withdrawal

This is the signature on the front and back of a check verifying that you agree

to the transaction of the check.

Also known as a register, this is a book where you record the balance and

transaction or your checking account. This helps you to keep track of your balance and avoid overdraft fees and bouncing checks.

A ___ is a combination of numbers (typically 4) that acts as a password

for your account. To access the ATM, you must have your card and this number as a security measure to keep your money safe.

• zip code

• pin

• pen

• code

This ”cancels” a check and ensures that it can’t be used.

• void

• endorse

• withdrawal