Unit 4 Vocabulary

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Across
  1. 2. A card with the name, address and authorized signature of an account holder.
  2. 4. A business that offers financial services
  3. 5. To put money into a bank
  4. 6. A booklet used to keep track of the balance when a check is written or a deposit/withdrawal is made from an account
  5. 7. A machine that lets you access your bank account at any time
  6. 8. Interest on the principal and the interest already earned
  7. 9. A deficit in a bank account caused by drawing more money than the account holds.
  8. 10. A piece of paper that orders a bank to take money from an account
  9. 14. To refuse to pay a check written for more money then the amount in an account
  10. 15. The amount of money in a bank account
  11. 16. Account A bank account used to save money and earn interest
  12. 17. A line of credit that banks offer to their customers to cover their overdrafts. It kicks in when a customer writes a check for more than the amount in their account.
Down
  1. 1. Interest on the principal only
  2. 3. To compare the information in a check register to a bank statement and correct any mistakes
  3. 4. A bank form usually sent each month to the account holder that lists all the checks paid, deposits, withdrawals, service charges and the account balance
  4. 8. A savings account with a minimum balance, a fixed interest rate and a fixed period of time
  5. 11. A bank account where you can use checks in order to pay expenses
  6. 12. Card A bank card that allows you to use an ATM
  7. 13. To take money out of a bank