Check writing, debit card, deposit slip, check register, check reconcile terms
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| 853998873 | checking account | Paper checks or debit cards are used to withdraw money deposited into the account to pay for items | |
| 853998874 | checks | Legal documents that function like cash | |
| 853998875 | ATM | Automated Teller Machine that is electronically connected to an individual's bank account | |
| 853998876 | debit card | Plastic card that is electronically connected to a bank account and requires a PIN to use | |
| 853998877 | PIN | Personal Identification Number used with debit cards | |
| 853998878 | blank endorsement | anyone can cash the check after the check has been signed | |
| 853998879 | restrictive endorsement | more secure than a blank endoresement because the receiver of the check identifies what is to be done to the check - for deposit only | |
| 853998880 | special endorsement | the check can be transferred to another person after the receiver signs the back and writes who is to get ownership of the check- pay to the order of _______ | |
| 853998881 | deposit slip | A bank form listing the cash and checks to be deposited. | |
| 853998882 | magnetic strip | when a debit card is swiped, this allows funds to be automatically withdrawn from the person's account | |
| 853998883 | check register | A form used to record all deposits, checks, debit card purchases, additional fees, and ATM use | |
| 853998884 | bank statement | A form sent by the bank to show all transactions that have occurred in a specific timeline; usually a month | |
| 854316558 | bouncing a check | If there is not enough money in the account to cover the total check amount written. Example: writing a check from an account for more money than is currently in the account, and the bank returns it and charges a fee. | |
| 854316559 | insufficient funds | There is not enough money, this term is used to indicate that the writer of the check did not have enough money in account. | |
| 854316560 | deposit | Money being put into your account (+). | |
| 854316561 | withdrawal | Money being taken out of or spent from your account (-) | |
| 854316562 | payee | To whom the check is written. | |
| 854316563 | reconcile | A process to make sure your checkbook balance matches your bank statement | |
| 854316564 | Outstanding Deposits | Deposits that have been made and recorded in the checkbook register but does not appear on the bank statement. Does not get a check mark when reconciling. | |
| 854316565 | Outstanding Withdrawals | Withdrawals that have been made and recored in the checkbook register but does not appear on the bank statement. Does not get a check mark when reconciling. |
