vocabulary chapter 14
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Created by:
rjose on March 10, 2011
Subjects:
carrer prep banking your money
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14 terms
Terms | Definitions |
|---|---|
 Checking account | a bank account from which a depositor can withdraw money using a check or a debit card |
| deposite | money out in a bank account |
| check | a written order directing a bank to pay a certain amount of money from the account of the person who signs it to the persons name |
| minimum | the lowest amount of money a depositor can keep in an account without being charged an additional fee |
| interest | money that a bank pays your for keeping your money in that bank |
| ATM | an automatic machine a machine that allows you to take money out of or put money into your banking account using a special card |
| signature card | a card you sign when you open a bank account |
| deposit slip | a form you fill out that shows how much money you are putting in the bank |
| receipt | a form that the bank gives you that shows how much money you put in or took out of your bank account |
| check register | a small chart where you record the checks you write and the deposits you make |
| balance | the amount of money in a bank account |
| savings ac count | a bank account on which interest os paid and from which a depositor can withdraw money |
| withdraw slip | a form used to take money out of the bank |
| bank statement | a report that the bank sends you to show how much money is in your accounts |
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