BANKING TERMS

5. Original amount of money saved or invested, separate from interest or earnings.
7. A certificate that allows the stated payee to receive cash on-demand, usually issued by governments and banking institutions.
8. An application that runs on mobile devices. It securely stores your payment information and passwords and allows you to pay for items without needing your physical cards.
9. A card that is directly connected to your checking account; it enables you to conduct ATM transactions and to make purchases instead of using cash or writing a check.
10. A mobile banking tool that allows you to deposit checks to your bank account using your mobile device.
13. Reinvesting earned interest back into the principal to allow money to grow exponentially over time.
14. A check that has been written but has not yet been cashed or deposited by the payee.
16. Protection provided by the Federal Deposit Insurance Corporation; protects the deposits of customers against loss up to $250,000 per account.
17. A record that allows you to keep track of checks you have written, ATM/debit card transactions, as well as deposits and withdrawals.
20. To compare your bank's monthly account statement with your own records of activity for the same account.

1. A card that is loaded with a specific cash amount before you use it.
2. A loan banks offer to their customers when they try to withdraw more funds than they have in their account, usually for a fee and with interest.
3. A deposit that has been made but not yet added to the person's bank account.
4. A monthly document prepared by your financial institution which shows all of the transactions related to your account.
6. A consumer banking technology that allows you to schedule and make payments over the internet.
11. A fee charged to your account when it lacks the funds to cover a withdrawal, but the bank allows the transaction to go through anyway.
12. A term used to describe a person who does not use or does not have access to traditional financial services.
15. A check that has been paid or cleared by the bank. It will appear on your bank statement.
18. Interest paid on the principal alone.
19. To sign the back of a check made out to you so it can be cashed or deposited.