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13 Cards in this Set
- Front
- Back
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Check
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Written order to a bank to pay the stated amount to the person named on it.
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Demand deposit
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A checking account.
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Canceled check
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Check that has the banks stamp that means its cleared.
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Overdraft
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Check written for more money than your account contains.
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Floating a check
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Practice of writing a check on insufficient funds.
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Checkbook register
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Booklet used to record checking account transactions.
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Reconciliation
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Process of matching your checkbook register with the bank statement.
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Blank endorsement
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Signature of the payee written exactly as his/her name appears on front of check.
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Special endorsement
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Transfers the right to cash the check to someone else.
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Restrictive endorsement
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Limits the use of a check.
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Certified check
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Personal check that bank guarantees or certifies to be good.
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Cashier check
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Check written by bank in its own funds.
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Stop payment order
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Request that the bank not cash a specific check.
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