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Q 1/46
Score 0
a demand deposit in a bank on which checks are drawn
30
checking account
Q 2/46
Score 0
a written order to a bank to pay a stated amount to a person or business
30
check
46 questions
Q.
a demand deposit in a bank on which checks are drawn
1
30 sec
Q.
a written order to a bank to pay a stated amount to a person or business
2
30 sec
Q.
a tool used to track checking account transactions
3
30 sec
Q.
money added to a checking or savings account
4
30 sec
Q.
taking money away from your account
5
30 sec
Q.
a check written with a date that will occur in the future
6
30 sec
Q.
a card used to withdraw or deduct money from your checking account
7
30 sec
Q.
a signature, with or without instructions, written on the back of a check
8
30 sec
Q.
the use of a computer-based system to move money from the drawer's account to the payee's account
9
30 sec
Q.
the process of adjusting the checkbook register and bank statement balances so that they agree
10
30 sec
Q.
Federal Deposit Insurance Company: Banks are insured up to $250,000 per depositor per bank
11
30 sec
Q.
Automated teller machine-to withdraw or deposit checks/money
12
30 sec
Q.
A writer of the check
13
30 sec
Q.
The bank from which the funds are drawn
14
30 sec
Q.
It restrict the use of a check: For deposit only
15
30 sec
Q.
Special endorsement and it transfers the check to a third party: Pay to the order of___.
16
30 sec
Q.
electronic fund transfer-it moves money electronically
17
30 sec
Q.
wages or benefits automatically deposited into a bank account electronically
18
30 sec
Q.
when a paper check is transformed into a digital image
19
30 sec
Q.
fees to process checks you write
20
30 sec
Q.
Personal Identification Number-Password to access your bank accounts
21
30 sec
Q.
a demand deposit account designed for the accumulation of money in a safe place for future use
22
30 sec
Q.
sum of money set aside on which interest is paid
23
30 sec
Q.
interest computed on principal once during a certain time period
24
30 sec
Q.
interest earned on both principal and previously earned interest
25
30 sec
Q.
a fixed amount set aside on a regular basis over time; a contract purchased from an insurance company that guarantees a series of regular monthly payments for a set time
26
30 sec
Q.
a quick formula for computing how long it will take to double money invested at a given interest rate
27
30 sec
Q.
a type of savings account that earns the market rate of interest on the money deposited
28
30 sec
Q.
a time deposit that pays a fixed rate of interest for a specified length of time
29
30 sec
Q.
a discount bond issued by the federal government that pays a guaranteed minimum rate of interest
30
30 sec
Q.
a bond's future value as stated on its face
31
30 sec
Q.
Individual Retirement Account-savings for retirement-Paying taxes are delayed until withdrawn at retirement age
32
30 sec
Q.
a secure container located in a bank vault
33
30 sec
Q.
a bank service that covers a shortage in your account
34
30 sec
Q.
an instruction to the bank not to honor a check that has been issued or lost
35
30 sec
Q.
a check issued against the bank's funds
36
30 sec
Q.
a type of check used to pay bills or make payments for which the money is guaranteed
37
30 sec
Q.
accessing and managing your account online
38
30 sec
Q.
a card that contains a computer chip that stores electronic money
39
30 sec
Q.
a check that is not honored by a bank and is returned to the payee's bank due to nonsufficient funds
40
30 sec
Q.
a checking or savings account that does not meet minimum usage requirements
41
30 sec
Q.
writing a check and planning to make a deposit later to cover it before the check is processed
42
30 sec
Q.
A special form of check that is used instead of cash
