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drive-up ATM an ATM that serve you without your needing to leave your car. http://o.quizlet.com/rxs1BWYo9OA8dEZfbzTJkA.jpg Automated Teller Machine an unattended machine (outside some banks) that dispenses money when a personal coded card is used http://o.quizlet.com/4ZQ1e8NIXd8J3kwnDTWa8w.jpg debit card a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account http://o.quizlet.com/FXkbk6p0vSLbmGoErCZS9A.jpg credit card a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered stored-value card a form of electronic cash on which a fixed amount of prepaid money is stored; the amount is reduced each time the card is used http://o.quizlet.com/ldsz16XdvFIdEKjG6BhwaA.jpg Payment card a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase payee a person to whom money is paid deposit slip A slip of paper kept by the bank to show how much money you put into your account. electronic funds transfer a system that transfers money electronically petty cash a small fund of cash that a firm keeps for the payment of incidental expenses personal identification number a number you choose and use to gain access to various accounts Point of Sale Terminal a computer used to collect, store, and report all the information of a sales transaction http://o.quizlet.com/ZXhbyhLrzAJ3x.FWUyHCIw.jpg check A written order that is considered the same as cash http://farm8.staticflickr.com/7183/6852434827_c53b6de1b3.jpg standing order is a way of using a bank account to make regular payments of the same amount invoice A form describing the goods or services sold, the quantity, and the price http://farm1.staticflickr.com/5/8689212_77032f943c.jpg to pay in installments to pay your debt at different times until the end or total is reached to forge to make a copy of with the intent to deceive fraud something intended to deceive audit a methodical examination or review of a condition or situation endorsement formal and explicit approval to endorse give support or one's approval to to charge enter a certain amount as a charge exchange rate the charge for exchanging currency of one country for currency of another loan the temporary provision of money (usually at interest) interest a fixed charge for borrowing money interest rate the percentage of a sum of money charged for its use deposit put into a bank account mortgage installment debt owed on houses, buildings, or land withdraw remove (a commodity) from (a supply source) overdraft A check written for more money than your account contains transaction a business activity that changes assets, liabilities, or owner's equity teller an employee of a bank who receives and pays out money debt money or goods or services owed by one person to another vault a strongroom or compartment (often made of steel) for safekeeping of valuables insufficient funds A bank term used to indicate that the writer of the check did not have enough funds in their account to cover the check. overdrawn not enough money in your account. bounced check a check written for an amount more than in your account service charge / fee MONEY THE BANK CHARGES YOU FOR A SERVICE currency the metal or paper medium of exchange that is presently used bank statement a report of deposits, withdrawals, and bank balances sent to a depositor by a bank bank account account you have with a bank that pays interest on funds individual account a retirement savings and investment plan into which deductible payments are made joint account An account owned by two or more people. outstanding check A check that has been written but not yet deducted from the person's bank account. void declare invalid piggy bank a child's coin bank (often shaped like a pig) http://o.quizlet.com/6G7tkVI2LmkW552MzLznnw.jpg to pay in cash to pay with money in the form of notes and coins, rather than cheques or credit cards to pay by credit card to pay your debt using your credit card. to confirm verify to order a request to make, supply or deliver food or goods to transfer money to send money to distant places for many reasons, including to pay debts, make purchases or simply to send funds to a person savings account a bank account that accumulates interest direct debit A method of payment where regular payments can be automatically deducted from the customers bank account. individual retirement account a self-funded retirement plan that allows you to contribute a limited yearly sum toward your retirement checking account an account in which deposited money can be withdrawn at any time by writing a check balance equality between the totals of the credit and debit sides of an account to borrow money to obtain or receive (something) on loan with the promise or understanding of returning it, usually with an interest fee. to lend money To provide (money) temporarily on condition that the amount borrowed be returned, usually with an interest fee. counterfeit make a copy of with the intent to deceive cash money in the form of bills or coins