Checking Account Vocabulary

The amount of money you have in your bank account.

Checks the bank has paid. They will appear on your bank statement.

A written order to the bank that tells it to take a stated amount of money from your account and pay it to another.

A handy portfolio that holds your check register, checks, deposit slips, receipts, and other ATM/debit card transactions.

A record that allows you to keep track of checks you have written, ATM/debit card transactions, as well as deposits and withdrawals.

A sum of money deposited INTO an account. You can use a credit to charge merchandise or borrow money.

A sum of money deducted from your account.

A plastic card that enables you to do ATM transactions and to make purchases instead of using cash or writing a check.

Money you put into your account.

A form you fill out to credit money to your account when you make a deposit.

Your employer automatically deposits your paycheck into your account.

To sign the back of a check made out to you so it can be cashed or deposited.

A fee paid to you for keeping your money in the account or a fee charged to you for a loan or credit card.

To write a check or make a withdrawal when there isn't enough money in the account to pay for it.

To write a future date on a check.