Banking
plastic card issued by a financial institution that enables customers to perform transactions at an automated teller machine (ATM)
ATM card
financial institution
bank
taking out a loan to receive cash (Ex. payday loan)
a cost to cash a check
check cashing fee
a loan using a car as collateral
car loan
amount of money in an account such as checking or savings
account balance
record that includes information about the paycheck
a small plastic card issued by a bank or business allowing the holder to purchase goods or services on credit
credit card
a check that cannot be processed by the bank because there is not enough money in the account
bounced check
a business about to cash a check for a fee
check cashing center
a criminal act of unlawful use of checks to illegally acquire or borrow funds
check fraud
the identifying number of a check, found in the upper right corner of the check
check number
a money transfer scheduled on a predetermined date to pay a recurring bill
automatic bill payment
the identifying number of an account
checking account number
a loan secured by an item (ex. car or house)
collateralized loan
9 numbers used to identify specific financial institutions
check routing number/ABA number
1. an addition to an account
2. the ability of a customer to obtain goods and services before payment
credit
a certificate issued by a bank to a person depositing money for a specified length of time
certificate of deposit (CD)
a financial institution that offers banking services to the general public and companies
commercial bank
an account to write checks, use ATM card, use debit card where the money comes directly out of the account
checking
a check drawn from the bank's own funds, used as guaranteed funds
cashier's check
a check guaranteed by the bank
certified check
a member-owned financial co-operative
credit union
record of the balance in an account and all credits and debits
bank statement
a record to keep up with credits and debits in your account
check register