This type of account is best for everyday spending, like using a debit card or paying bills.
What is a checking account?
A family’s house and yard are this kind of property, because they belong to that family.
What is private property?
This is the piece of paper you write to pay someone from your checking account.
What is a check?
This type of account is used to keep money safe for later and can earn interest.
What is a savings account?
This kind of property is shared by everyone, like a public park or library.
What is public property?
This number appears on every check and helps identify your individual bank account
What is the account number?
This is the place where people keep their money, get loans, and use accounts.
What is a bank?
Taking or using someone’s private property without permission can be called this.
What is stealing (or theft)?
This line on a check tells what the payment is for, like “rent” or “birthday gift.”
What is the memo line?
This is the amount of money you currently have in your bank account.
What is your balance?
A classroom cubby or locker assigned to one student is an example of this kind of property.
What is personal (or private) property?
The line where you write the person or business that will receive the money.
What is the “Pay to the order of” line?
Money you put into your bank account is called this.
What is a deposit?