BizTown Unit 2
Terms in this set (12)
A business that provides money-related services.
An account that allows the owner to write checks against deposited money.
Cards that allow customers to electronically and immediately withdraw funds from their accounts.
An account used to hold money that is not needed right away.
An amount of money borrowed by someone that must be repaid, usually with interest.
A fee received for the use of money.
A card that allows the holder to buy goods and services, taking out a bank loan for the purchases.
To write a signature on the back of a check.
Written orders to a bank to pay a certain amount of money from a checking account to another person or business.
A booklet for recording the money that is put in (deposited) or removed (withdrawn) from the checking account.
Written records of money put into a checking account.
The amount of money deposited into an account, minus any cash received.
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