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Checking Unit Vocabulary
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Automatic Teller Machine (ATM)
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A machine that allows a customer to deposit checks or withdraw physical cash (bills) from their account
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NGPF Checking Unit
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Terms in this set (27)
Automatic Teller Machine (ATM)
A machine that allows a customer to deposit checks or withdraw physical cash (bills) from their account
Balance
The amount of money you have in your bank account
Cancelled Check
A check you wrote and that the bank has already paid
Check
A written order to the bank that tells it to take a stated amount of money from your account and pay it to someone else
Check Cashing Store
A non-bank business that charges a fee to cash physical checks and provide the check's owner with cash, on-the-spot