Text Chapter 9 Vocab

A(n) ____ is a banking service in which a customre deposits money and writes checks to withdraw at his or her convenience.

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An account on which the depositor can demand money at any time is known as a ____.

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A(n) ____ occurs when a depositor writes a check on an account that is insufficient to cover a check.

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The person to whom a check is made payable is called the ____.

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The person authorized to write checks on an account is called the ____.

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A(n) endorsement requires two signatures.

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Paper money in the form of dollar bills, fives, tens, and so on, is called ____.

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A(n) ____ is the record of checks written and deposits made in a checking account, kept by the depositor.

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A(n) ____ is sent by the bank regularly, listing checks and deposits processed by the bank, as well as charges and credits to an account.

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A(n) ____ check is one that has been processed by the bank and has been subtracted from the depositor's account.

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The payee simply signing his or her name as it appears on the front of the check is making a(n) ____ endorsement.

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A(n) ____ endorsement, such as "For Deposit Only," limits the negotiability of a check.

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____ cards provide immediate deductions from your checking account when you make a purchase.

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Checking accounts at credit unions are called ____.

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To write a check when you know there are temporarily not enough fundds to cover the check is called ____.

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A____ is a check guaranteed by the bank.

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A check drawn against the bank's own funds is a ____.

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The process of matching your checkbook register with the bank statement is called ____.

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A request to the bank not to cash a check is a ____.

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An endorsement signing a check over to a third person is a _____.

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