Chapter 14

18 cards·by rosej

insufficient funds

not enough money in a checking account for the bank to pay the checks you write

checking account

money in a bank that can be taken out using a check or ATM card

deposit

money put in the bank

check

a written order directing a bank to pay a certain amount of money from the account of the person who signs it to the person named

minimum deposit

the lowest amount of money needed in an account

withdraw

remove something

interest

money that a bank pays you for keeping in your account

fee

cost

ATM

an automatic teller machine

signature card

a card you sign when you open a bank account

deposit slip

a slip of paper that the bank gives you to show how much money you put in the bank

reciept

a slip of paper that shows you how much money you took out of the bank

check register

a small chart where you record the checks you have written

balance

the amount of money in a bank account

cash

dollar bills and coins

savings account

money in a bank that gains interest

withdrawal slip

a piece of paper used to take money from the bank

bank statement

a report that the bank sends you to show you how much money you have in your checking or savings account