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Banking
Checking
Savings
Annuity
Money Market
100
A check that is returned to the payee's bank due to nonsufficient funds.
What is a bounced check?
100
A written order to a bank to pay a stated amount to a person.
What is a check?
100
Money added to a checking or savings account.
What is a deposit?
100
A demand deposit account designed for the accumulation of money in a safe place for future use.
What is a savings account?
100
Taking money from your account.
What is a withdrawal?
200
A demand deposit in a bank on which checks are drawn.
What is a checking account?
200
A card used to withdraw or deduct money from your checking account.
What is a debit card?
200
A signature on the bank of a check.
What is an endorsement?
200
A sum of money set aside on which interest is paid.
What is principal?
200
Interest compounded on principal once during a certain time period.
What is simple interest?
300
A tool used to track checking account transactions.
What is a checkbook register?
300
Interest earned on both principal and previously earned interest.
What is compound interest?
300
A type of savings account that earns the market rate of interest on the money deposited.
What is a money market account?
300
A quick formula for computing how long it will take to double money invested at a given rate.
What is the Rule of 72?
300
An instruction to the bank to now honor a check that has been issued or lost.
What is stop payment?
400
A check issued against a bank's funds.
What is a cashier's check?
400
Writing a check and planning to make a deposit later to cover it before the check is processed.
What is floating a check?
400
An account that does not meet the minimum usage requirements.
What is an inactive account?
400
Accessing and managing your account online.
What is Internet banking?
400
A card that contains a computer chip that stores electronic money.
What is a Smart card?
500
A fixed amount set aside on a regular basis over time.
What is an annuity?
500
A Check used to pay bills for which money is guaranteed.
What is a money order?
500
A time deposit that pays a fixed rate of interest for a specified length of time.
What is a certificate of deposit?
500
A discount bond issued by the federal government.
What is a U.S. savings bond?