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12 Cards in this Set
- Front
- Back
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checking account
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a bank account from which payments can be ordered by a depositor
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endorsement
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a signature or stamp on the back of a check transferring ownership
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blank endorsement
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an endorsement consisting only of the endorser's signature
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special endorsement
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an endorsement indicating a new owner of a check
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restrictive endorsement
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an endorsement restricting further transfer of a check's ownership
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postdated check
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a check with a future date on it
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bank statement
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a report of deposits, withdrawals, and bank balances sent to a depositor by a bank
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dishonored check
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a check that a bank refuses to pay
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electronic funds transfer
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a computerized cash payments system that uses electronic impulses to transfer funds
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debit card
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a bank card that, when making purchases, automatically deducts the amount of the purchase from the checking account of the card holder
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petty cash
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an amount of cash kept on hand and used for making small business payments
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petty cash slip
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a form showing proof of a petty cash payment
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