Banking Vocabulary Definitions

A card with the name, address, and authorized signature of an account holder is called a _________?

• Signature card

• Debit card

• Credit card

• Cheque book

To be approved or official is to be _________.

• Authorized

• Ignored

• Rejected

• Unfinished

A paper that you will fill out when you put money into an account is called a _________.

• Deposit slip

• Withdrawal form

• Checkbook

• Loan application

Bills or coins, such as a five dollar bill, are called _________.

• Currency

• Receipts

• Checks

• Invoices

A paper that you fill out when you take money out of an account is called a _________.

• Withdrawal slip

• Deposit slip

• Checkbook

• Loan application

A booklet used to keep track of the balance when a check is written or a deposit or withdrawal is made from an account is called a _________.

• Check register

• Deposit slip

• Bank statement

• Withdrawal form

To refuse to pay a check written for more money than the amount in an account is to _________.

• Bounce

• Deposit

• Sign

• Endorse

A bank form usually sent each month to the account holder, listing the checks paid, deposits and withdrawals, service charges, and account balances is called a _________.

• Bank Statement

• Deposit Slip

• Loan Agreement

• Credit Report

To compare the information in a check register to a bank statement and correct mistakes is to _________.

• Reconcile

• Deposit

• Withdraw

• Endorse