BANKING TERMS

3. An individual or company to whom a check is written; one who receives money as payment
6. A stock of accumulated wealth used or available for producing more wealth
8. An account for which the holder can write checks
10. The period of time and the interest rate arranged between creditor and debtor to repay a loan.
11. An itemized slip showing the exact amount of paper money, coin, and checks being deposited to a particular account.
13. An amount of money taken out of an account
16. An establishment for lending, issuing,borrowing, exchanging, and safeguarding money
17. Anything that a bank accepts as security against the debtor’s not repaying a loan
18. Items of monetary value owned by an individual or a company

1. Any written document instructing a bank to pay money from the writer’s account.
2. Anything generally recognized as a medium of exchange.
4. An individual or company who writes a check; one who gives money as payment.
5. A bookkeeping term for a sum of money owed by an individual or institution
7. The original amount of money borrowed, deposited, or invested before interest accrues
8. Money in the form of paper and coins
9. An individual or company that puts money in a bank account.
12. Money owed to individuals, businesses, or institutions.
14. Acronym for automated teller machine
15. Money deposited with a financial institution