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Over Draft when a person writes a check for more money than they have in their bank account Bounced check a check with no funds to pay it canceled check a check that bears the bank's stamp, indicating that it has cleared clear its the amount is paid subtracted from your checking account. Allow 3 business days for check to clear stop payment a depositor's order to a bank to refuse payment on a check Void Check check you decide not to use-must mark it VOID Debit cards A card that is used to deduct a purchase amount directly from your checking account instead of drawing on a line of credit; also called "check card" interest the price paid for the use of borrowed money account money deposited with a bank for safekeeping. ATM Automated Teller Machine Banks take deposit from people who want to save and use the depostis to make loans to people who want to borrow checking account a bank account against which the depositor can drawn checks payable on demand joint account A bank account that is opened and used by more than two people - but only one person is required to sign the check if they want to use one. minimum deposit the least amount of money required to open a bank account savings account a bank account that accumulates interest teller an employee of a bank who receives and pays out money balance equality between the totals of the credit and debit sides of an account deposit to add money to the account