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5 Written questions

5 Matching questions

  1. deposit
  2. on us check
  3. interest rate
  4. on other check
  5. installment loan
  1. a a term used by a bank for a check drawn on the bank and presented to that bank for deposit or payment
  2. b to leave money or items with a bank for credit to a bank account
  3. c loan on which the principal and the finance charges are repaid in fixed payments for a predetermined number of months
  4. d the percentage rate charged for the use of money, usually quoted on an annual basis
  5. e a bank's term for a check presented to it for deposit or payment but drawn on another bank

5 Multiple choice questions

  1. funds that are available to the customer at any time and that require no advance notice of withdrawal, usually drawn against by writing checks
  2. program whereby a check issuer delivers the check directly to the payee's bank for credit to his or her account
  3. a customer who presents problems that cannot be solved, expresses anger, or displays disruptive behavior
  4. the amount paid by a borrower to a lender in exchange for the use of the lender's money over a certain period
  5. business contract by which a borrower and lender enter into an agreement

5 True/False questions

  1. holdthe restriction of payment of part or all of the funds in an account

          

  2. maturityperson who signs and delivers (executes) a note or other promise to pay

          

  3. lendingbusiness contract by which a borrower and lender enter into an agreement

          

  4. dissatissfied customera customer who presents problems that cannot be solved, expresses anger, or displays disruptive behavior

          

  5. nonsufficient funds (nsf)a customer who presents problems that cannot be solved, expresses anger, or displays disruptive behavior

          

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