Chapter 5

Created by XxSong_of_the_SirenxX 

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code of conduct

a statement that guides the ethical behavior of company and its employees

checking account

a bank account from which payments can be ordered by depositor

endorsement

a signature or stamp on the back of a check transferring ownership

blank endorsement

an endorsement consisting only of the endorser's signature

special endorsement

an endorsement indicating a new owner of a check

restrictive endorsement

an endorsement restricting further transfer of a check's ownership

postdated check

a check with a future date on it

bank statement

a report of deposits, withdrawals, and bank balances sent to a depositor by a bank

dishonored check

a check that a bank refuses to pay

electronic funds transfer

a computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents

debit card

a bank card that automatically deducts the amount of a purchase from the checking account of the cardholder

petty cash

an amount of cash kept on hand and used or making small payments

petty cash slip

a form showing proof of a petty cash payment

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