Banking Vocabulary

What is the term for the following definition? Automatic Teller Machine. Allows a bank account holder to manage funds by withdrawing or depositing money, viewing balances, and more.

• ATM

• POS

• Cheque Book

• Credit Card

What is the term for the following definition? The amount of money in your bank account.

• Balance

• Interest

• Deposit

• Withdrawal

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

• Bank Statement

• Deposit Slip

• Checkbook Register

• Loan Agreement

What is the term for the following definition? A bank product that earns interest on a lump-sum deposit left untouched for a fixed period.

• Certificate Of Deposit (CD)

• Checking Account

• Money Market Account

• Savings Bond

What is the term for the following definition? A check that has been paid or cleared by the bank and appears on your bank statement.

• Canceled Check

• Outstanding Check

• Postdated Check

• Certified Check

What is the term for the following definition? A written, dated, and signed order to the bank to pay a definite sum of money to a payee.

• Check

• Invoice

• Receipt

• Voucher

What is the term for the following definition? A portable portfolio that holds your check register, checks, deposit slips, receipts, and other records of ATM/debit card transactions.

• Checkbook

• Ledger

• Wallet

• Passbook

What is the term for the following definition? A business that cashes checks and gives the customer cash in exchange for a fee.

• Check Cashing Store

• Pawn Shop

• Credit Union

• ATM

What is the term for the following definition? A record that allows you to keep track of checks you have written, ATM/debit card transactions, as well as deposits and withdrawals.

• Check Register

• Bank Statement

• Credit Report

• Deposit Slip

What is the term for the following definition? A card connected to your checking account that enables ATM transactions and purchases.

• Debit Card

• Credit Card

• Gift Card

• Prepaid Card