Ch.5 and Ch.6 Review

A ____ is a written order to the bank to pay the amount stated to a person or business.

A check written for more money than your account contains is called ____.

Most banks require a certain amount known as an ____ to open a checking account.

A ____, also called a bank draft, is a check written by a bank on it's own funds.

____ are check forms in specific denominations that are used instead of cash while traveling.

With ____, your checks will be covered even if you have insufficient funds in your checking account.

____ are expenses beyond regular monthly items.

____ are expenses that are costly and require years of planning and saving.

You must leave the money in the ____ for the full time period.

With ____, your net pay is deposited electronically into your bank account.