Study sets matching "vocab banking principles"

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Study sets matching "vocab banking principles"

16 terms
Banking Principles Chapter 2 Vocabulary
Monetary Policy
Discount Operations
Open-Market Operations
Federal Funds
The management of a nation's money supply by a central bank,…
A tool of monetary policy in which banks borrow funds from th…
The purchase and sale of US Treasury and federal agency secur…
Excess reserves the banks deposit at Federal Reserve Banks an…
Monetary Policy
The management of a nation's money supply by a central bank,…
Discount Operations
A tool of monetary policy in which banks borrow funds from th…
23 terms
Principles of banking
Aggregate Measures
Money Supply
Liquidity
Commodity Money
The collective components of money supply that are used to es…
Is the liquid asset held by banks and individuals.
is the measure of how quickly things may be converted to some…
money based on some item of value: e.g.. gold, precious stones.
Aggregate Measures
The collective components of money supply that are used to es…
Money Supply
Is the liquid asset held by banks and individuals.
14 terms
Principles of Banking-CH5
MICR Technology
ACH-Credits
ACH-Debits
ACH
Magnetic Ink Character Recognition-magnetic ink at the bottom…
Payroll, Social Security, Interest, Pension, Dividends
Club/Association dues, Utility payments, Insurance premiums,…
Would be used, for example, to process a payment made by a cu…
MICR Technology
Magnetic Ink Character Recognition-magnetic ink at the bottom…
ACH-Credits
Payroll, Social Security, Interest, Pension, Dividends
29 terms
Principles of Banking Chapter 6
Negotiable instrument
Bearer instrument
Draft
Bill of exchange
A written promise to pay a sum of money, either to a specifie…
Is payable to the holder
An order signed by one party that is addressed to another par…
A negotiable and unconditional written order such as a draft,…
Negotiable instrument
A written promise to pay a sum of money, either to a specifie…
Bearer instrument
Is payable to the holder
12 terms
Principles of Banking CH3
M1
M2
Demand Deposit Transaction Accounts
Time Deposit Accounts (CDs)
Cash, traveler's checks, demand deposit accounts (check, debi…
M1, Savings accounts, money market accounts, time deposit acc…
Payable "on demand" by law; Can be immediately converted to c…
Fixed maturity dates, interest penalty if withdrawn before ma…
M1
Cash, traveler's checks, demand deposit accounts (check, debi…
M2
M1, Savings accounts, money market accounts, time deposit acc…
12 terms
Principles of Banking-CH4
US Treasury Bureau of Engraving and Pr…
What bill has been the most recently r…
UCC Article 3
Payee
Begins the cash distribution process with the printing of money
$100-blue security ribbon
Payable to bearer or to order of, Payable without conditions,…
"Pay to the order of" person
US Treasury Bureau of Engraving and Pr…
Begins the cash distribution process with the printing of money
What bill has been the most recently r…
$100-blue security ribbon
12 terms
Principles of Banking Ch2
Federal Reserve System
Net Worth
State of Condition
Statement of Condition/Balance Sheet
Implements monetary and credit policy for the nation
Financial status as of a point in time. Unless a bank is inso…
Balance Sheet/Personal financial statement
Loans are assets, usually the biggest item on the balance she…
Federal Reserve System
Implements monetary and credit policy for the nation
Net Worth
Financial status as of a point in time. Unless a bank is inso…
69 terms
Principles of Banking 2
Lending function
business loan
consumer loan
adjustable rate mortgage
the most significant source of bank income
also known as commercial loan
loan extended to consumers either individually or joint
a mortgage on which the rate is subject to periodic adjustment
Lending function
the most significant source of bank income
business loan
also known as commercial loan
65 terms
Principles of Banking 1
Code of Conduct
Sarbanes-Oxley Act (S.O.X.)
Conflict of Interest
Operations Department
A document adopted by top management and the board of directo…
This law has whistleblower provisions to protect bank employe…
A situation in which an action taken by an individual in an o…
Bank employees service deposits and loan account and process…
Code of Conduct
A document adopted by top management and the board of directo…
Sarbanes-Oxley Act (S.O.X.)
This law has whistleblower provisions to protect bank employe…
16 terms
Principles of Banking: Ch. 4
Cash
Medium of Exchange
Duel Custody
Did you know...?
(1) money in the form of bills or coins; (2) money on hand or…
currency or the other financial instrument used to facilitate…
a security technique that uses 2 or more individual parties o…
the U.S. Mint was created in 1792. Before that, a variety of…
Cash
(1) money in the form of bills or coins; (2) money on hand or…
Medium of Exchange
currency or the other financial instrument used to facilitate…
65 terms
Principles of Banking 1
Code of Conduct
Sarbanes-Oxley Act (S.O.X.)
Conflict of Interest
Operations Department
A document adopted by top management and the board of directo…
This law has whistleblower provisions to protect bank employe…
A situation in which an action taken by an individual in an o…
Bank employees service deposits and loan account and process…
Code of Conduct
A document adopted by top management and the board of directo…
Sarbanes-Oxley Act (S.O.X.)
This law has whistleblower provisions to protect bank employe…
25 terms
Banking and Finance Principles
1. Explains when deposited funds will…
2. Explain the process of a post-dated…
3. Definition of a stale check.
4. What is the difference between a fe…
Answer: b.) Check Hold Policy
Answer: To post-date a check, you need to write a future date…
Answer: check which is dated six months or more before it is…
Answer: ... Fee Schedule-shows all charges that apply to each sp…
1. Explains when deposited funds will…
Answer: b.) Check Hold Policy
2. Explain the process of a post-dated…
Answer: To post-date a check, you need to write a future date…
Genetic Principles in Blood Banking
Postulated the original concepts of ge…
Cell division for growth or replacemen…
Fertilized ova results in the
Formed by the process of meiosis
Gregor Mendel
mitosis
zygote
gametes
Postulated the original concepts of ge…
Gregor Mendel
Cell division for growth or replacemen…
mitosis
16 terms
Principles of Money Banking And Financial Markets
In The United States The Money supply
Which items are generally accepted med…
Financial intermediaries are instituti…
If the price level doubles , the
(controlled by FRS) ... d. None of the above
c. paper money... d. checking accounts... e. both c & d
a. that act as middle men in transferring funds from ultimate…
a. value of the money supply falls by one half
In The United States The Money supply
(controlled by FRS) ... d. None of the above
Which items are generally accepted med…
c. paper money... d. checking accounts... e. both c & d
16 terms
Macro: Principles of Central Banking
Why was the Federal Reserve Act create…
What are the main functions of the US…
How did Congress ensure that the US ce…
What is the *dual mandate of the Feder…
1. Designed in response to bank panics... 2. Need to supply mone…
- conducting the nation's monetary policy by influencing the…
- Longer terms than 4 years for FOMC members so that economic…
Federal Reserve Dual Mandate... - price stability (low inflati…
Why was the Federal Reserve Act create…
1. Designed in response to bank panics... 2. Need to supply mone…
What are the main functions of the US…
- conducting the nation's monetary policy by influencing the…
60 terms
Principles of Blood Banking
Blood components
Whole blood phlebotomy
Apheresis
Donor evaluation: history
Red Blood Cells... Plasma (fresh frozen & thawed)... Platelets (sin…
Packed Red Blood Cells (PRBC)... Platelets... Plasma... Cryoprecipitate
Same as phlebotomy (except we can collect more)... Single donor-…
- Age- (>16 yrs or applicable state requirements)... - Date of…
Blood components
Red Blood Cells... Plasma (fresh frozen & thawed)... Platelets (sin…
Whole blood phlebotomy
Packed Red Blood Cells (PRBC)... Platelets... Plasma... Cryoprecipitate
11 terms
Principles of Banking CH1
Code of Conduct
Community Reinvestment Act
Credit Union
Finance Companies
Formal Guidelines approved by the board of directors that inc…
Requires that regulators evaluate if we are meeting the credi…
Members must share a common tie or bond.
Includes Personal Financial Companies like Beneficial and Cap…
Code of Conduct
Formal Guidelines approved by the board of directors that inc…
Community Reinvestment Act
Requires that regulators evaluate if we are meeting the credi…
51 terms
Genetic principles in Blood Banking
blood group systems are
phenotype
patient's phenotype determined by
genotype
groups of antigens on RBC membrane that share realted serolog…
physical or observed expression of traits
hemagglutination of RBC antigens using antisera
actual genetic makeup
blood group systems are
groups of antigens on RBC membrane that share realted serolog…
phenotype
physical or observed expression of traits
20 terms
Banking And Finance Principles, Chapter 4
Dual Security
Uniform Commercial Code
Negotiable Instrument
Special Endorsement
a security technique that uses two or more individual parties…
a set of laws adopted by states to govern commercial and fina…
an unconditional written order or promise to pay a certain su…
Dual Security
a security technique that uses two or more individual parties…
Uniform Commercial Code
a set of laws adopted by states to govern commercial and fina…
14 terms
Banking Vocabulary
ATM
deposit
withdraw
checking account
Automatic Teller Machine-a bank machine that gives out money…
To put money or checks in the bank
To take out money from the bank
An account in which deposited money can be withdrawn at anyti…
ATM
Automatic Teller Machine-a bank machine that gives out money…
deposit
To put money or checks in the bank
Elements and Principles Word Bank
Line
Shape
Value
Texture
An elongated point, considered the path of a moving point.
The general outline of something; it is a configured or delin…
The level of luminosity of a color.
Either the actual tactile quality of a surface or a simulatio…
Line
An elongated point, considered the path of a moving point.
Shape
The general outline of something; it is a configured or delin…
20 terms
Banking and Finance Principles
Money and other valuables belonging to…
Products that are sold in conjunction…
Automated methods of identifying a per…
A fiduciary relationship in which one…
Assets
Payment Protection
Biometrics
Trust
Money and other valuables belonging to…
Assets
Products that are sold in conjunction…
Payment Protection
11 terms
Banking Vocabulary
available
bank receipt
checking account
credit card
amount of money you can use
a paper you receive from that bank after you make a deposit o…
an account on which write checks or use a debit card
used to make purchases that are paid for in the future
available
amount of money you can use
bank receipt
a paper you receive from that bank after you make a deposit o…
16 terms
Banking Vocabulary
Check
checking
balance
ATM
written order to a bank used to pay for things
the name of a bank account that allows you to write checks
total amount of money you have in the bank
automated teller machine
Check
written order to a bank used to pay for things
checking
the name of a bank account that allows you to write checks
53 terms
Banking Vocabulary
bank-to-bank-transfers
wire transfer
electronic funds transfer
Merge and Acquisition
chuyển tiền liên ngân hàng
Chuyển tiền điện tử
Chuyển tiền điện tử
Mua lại và sát nhập
bank-to-bank-transfers
chuyển tiền liên ngân hàng
wire transfer
Chuyển tiền điện tử
10 terms
banking vocabulary
gross pay
Federal income tax
social security
medicare
pay before taxes are deducted
money paid to the government to build schools, roads, etc
social security is deducted from paychecks,... it is a governmen…
Health insurance that is deducted from everyone's paycheck. I…
gross pay
pay before taxes are deducted
Federal income tax
money paid to the government to build schools, roads, etc
44 terms
Principles of Business Chapter 17 Banking and Financial Services
automatic bill payment
automatic teller machine
bank money order
bank reconciliation
a service by which a bank deducts from your account and trans…
a computerized device that allows customers to make bank tran…
a form sold by a bank stating that money is to be paid to a s…
the document created to show how your own record of your chec…
automatic bill payment
a service by which a bank deducts from your account and trans…
automatic teller machine
a computerized device that allows customers to make bank tran…
31 terms
Chapter 7, Personal Finance Planning, Banking and Finance Principles
Two Time Honored Principles for Financ…
Time Value of Money
Dependent
Trust
Budget to Save... Save and Invest... Control Debt... Protect accumulat…
the idea that a dollar today is worth more than a dollar in t…
a person, such as a child, who depends on another person, suc…
a fiduciary relationship in which one party (a person or a co…
Two Time Honored Principles for Financ…
Budget to Save... Save and Invest... Control Debt... Protect accumulat…
Time Value of Money
the idea that a dollar today is worth more than a dollar in t…
Banking Vocabulary
check
withdraw
deposit
debit
a document that orders a bank to pay a specific amount of mon…
removing funds from a bank account (subtract)
a sum of money placed in a bank account (addition)
remove (an amount of money) from a customer's account, typica…
check
a document that orders a bank to pay a specific amount of mon…
withdraw
removing funds from a bank account (subtract)
Banking Vocabulary
personal identification number (PIN)
withdraw
deposit
ATM
the unique passcode number you use to get access to your savi…
Money taken out of a bank account
Money given to your bank account
Automated Teller Machine
personal identification number (PIN)
the unique passcode number you use to get access to your savi…
withdraw
Money taken out of a bank account
25 terms
Banking Vocabulary
Interest
Loan
Regular Savings Account, Money Market…
Minimum Deposit
What is money your bank pays you for keeping your money in th…
What do you call a sum of money that is borrowed?
What are 3 bank accounts that earn interest?
What do you call an amount of money that has to be deposited…
Interest
What is money your bank pays you for keeping your money in th…
Loan
What do you call a sum of money that is borrowed?
25 terms
principles of banking midterm study guide (all)
Which of the following is the electron…
ODFI
Electronic Fund Transfer Ac
Regulation E
check clearing/check 21
banking term in the United States used in connection with Aut…
a federal law enacted in 1978 to protect consumers when they…
applies to any electronic fund transfer (EFT) that authorizes…
Which of the following is the electron…
check clearing/check 21
ODFI
banking term in the United States used in connection with Aut…
72 terms
Banking and Finance Principles Ch. 2
Financial Intermediary
Monetary Policy
Discount Operations (Rate)
Open-market Operations
institution that helps channel funds from savers to borrowers
Government policy that attempts to manage the economy by cont…
a tool of monetary policy in which banks borrow funds from th…
the purchase and sale of U.S. treasury and federal agency sec…
Financial Intermediary
institution that helps channel funds from savers to borrowers
Monetary Policy
Government policy that attempts to manage the economy by cont…
Banking Vocabulary
ABA Routing number
ATM
Automatic bill paying
Deposit
number on the bottom of the check that identifies the account…
a computer terminal activated by a magnetically encoded bank…
a service which allows consumers to have bills paid automatic…
a sum of money placed in an account in a financial institution
ABA Routing number
number on the bottom of the check that identifies the account…
ATM
a computer terminal activated by a magnetically encoded bank…
Banking Vocabulary
Bank Statement
Transaction
Check
Void
A form the bank sends you each month either in paper or elect…
An economic event that causes an increase or decrease in money.
A paper banking instrument that allows the transfer of money…
The word you write across a check to indicate that it is no l…
Bank Statement
A form the bank sends you each month either in paper or elect…
Transaction
An economic event that causes an increase or decrease in money.
25 terms
Banking Vocabulary
Interest
Loan
Regular Savings Account, Money Market…
Minimum Deposit
What is money your bank pays you for keeping your money in th…
What do you call a sum of money that is borrowed?
What are 3 bank accounts that earn interest?
What do you call an amount of money that has to be deposited…
Interest
What is money your bank pays you for keeping your money in th…
Loan
What do you call a sum of money that is borrowed?
22 terms
Banking Vocabulary
ATM
deposit
withdraw (verb) withdrawal (noun)
checking account
Automatic Teller Machine
To put money or checks in the bank
To take out money from the bank
An account in which deposited money can be withdrawn at anyti…
ATM
Automatic Teller Machine
deposit
To put money or checks in the bank
106 terms
Banking Vocabulary
Account
ATM ... (Automated Tell Machine)
Balance
Balance a checkbook
บัญชีเงินฝาก
ตู้เอทีเอ็ม ... (เครื่องรับจ่ายเงินอัตโนมัติ)
ยอดเงินคงเหลือในบัญชี
ตรวจสอบยอดเงิน
Account
บัญชีเงินฝาก
ATM ... (Automated Tell Machine)
ตู้เอทีเอ็ม ... (เครื่องรับจ่ายเงินอัตโนมัติ)
17 terms
Banking Vocabulary
teller and customers
deposit
security guard
vault
teller and customers
deposit
Banking Vocabulary
debit card
ATM Withdrawal
balance
bank statement
debit card
ATM Withdrawal
11 terms
Banking Vocabulary
"In the red"
"in the black"
payment
credit
there is a negative balance
there is a positive balance
giving money out (-)
to add money to your account (+)
"In the red"
there is a negative balance
"in the black"
there is a positive balance
29 terms
Banking and Finance Principles, Chapter 2, Banks as Businesses
Monetary Policy
Discount Operations (rate)
Open-Market Operations
Federal Funds
The management of a nation's money supply by a central bank s…
a tool of monetary policy in which banks borrow funds from th…
The purchase and sale of of U.S. Treasury and federal agent s…
Excess reserves that banks deposit at Federal Reserve Banks a…
Monetary Policy
The management of a nation's money supply by a central bank s…
Discount Operations (rate)
a tool of monetary policy in which banks borrow funds from th…
Banking Vocabulary
Depository Institution
Savings
Savings Account
Money Market Deposit Account
Businesses that provide financial services.
Disposable income not spent for consumer goods.
A bank account that accumulates interest.
Account that pays relatively high rates of interest, requires…
Depository Institution
Businesses that provide financial services.
Savings
Disposable income not spent for consumer goods.
Banking Vocabulary
withdrawal
check
teller
deposit
take money out of the bank account
a paper which can be exchanged for money
a person who works at the bank
put money in the bank account
withdrawal
take money out of the bank account
check
a paper which can be exchanged for money
35 terms
UP-ISB- Principles of Finance Banking
Why use banks?
Security
Convenience
Investing
Security... Convenience... Investing
Too risky to put all your money at home or to hide it away. B…
You can access your funds nearly anywhere
Save up, put money into the market
Why use banks?
Security... Convenience... Investing
Security
Too risky to put all your money at home or to hide it away. B…
Banking Vocabulary
account
bank
Checking account
Savings account
The money you give to a bank to keep safe
A business that keeps money safe for its customers, lets cust…
An account that allows you to put money in and take money out…
An account that allows you to put money into to use for later
account
The money you give to a bank to keep safe
bank
A business that keeps money safe for its customers, lets cust…
Banking vocabulary
Check
Overdraw
Balance
Savings
...
...
How much money is left in my account
How much money i have in my account
Check
...
Overdraw
...
37 terms
[202x1] chap 3 Genetic Principles in Blood Banking
blood group system
Blood Group Genetics
phenotype
genotype
groups of antigens on the RBC membrane that share related ser…
• Genetic material is found in DNA.... • DNA is contained in *ch…
• Physical (observed) expression of traits.... • The patient's p…
• Actual genetic makeup.... • Can only be determined by molecula…
blood group system
groups of antigens on the RBC membrane that share related ser…
Blood Group Genetics
• Genetic material is found in DNA.... • DNA is contained in *ch…
Banking Vocabulary
ATM
Balance
Bland endorsement
Cancelled Check
Automatic Teller Machine
The amount of money you have in your account
The signature of the person to whom the check is written is m…
Checks the bank has paid. They will appear on your bank state…
ATM
Automatic Teller Machine
Balance
The amount of money you have in your account
14 terms
Banking Vocabulary
ATM
deposit
withdraw
checking account
Automatic Teller Machine-a bank machine that gives out money…
To put money or checks in the bank
To take out money from the bank
An account in which deposited money can be withdrawn at anyti…
ATM
Automatic Teller Machine-a bank machine that gives out money…
deposit
To put money or checks in the bank
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