World Of Work Flashcards

Front 1

Account

Back 1

a record of the money that you have deposited and withdrawn.

Front 2

balance

Back 2

the amount left after you subtract the fees and written checks from your deposits.

Front 3

budget

Back 3

a plan for spending money wisely

Front 4

checks

Back 4

special forms you buy from the bank that stand for the money you put into your checking account.

Front 5

check number

Back 5

the numbers written or printed on the upper right-hand corner of a check

Front 6

check register

Back 6

the book, separate from the checks, where you keep a record of the checks written, fees paid and deposits made.

Front 7

credits

Back 7

the amounts paid into or deposited to your acocunt

Front 8

debits

Back 8

amounts paid out of your account, such as fees and checks written.

Front 9

endorse

Back 9

to sign the back of a check writen to you in order to cash or deposit it.

Front 10

fee

Back 10

a charge

Front 11

loan

Back 11

an amount of money lent by the bank to its customers, for which interest is charge.

Front 12

overdraft

Back 12

when you spend more money than you have in your account.

Front 13

receipt

Back 13

paper showing that you have paid for the items or services purchased.

Front 14

signature

Back 14

your written name.

Front 15

transaction

Back 15

a business act such as a deposit

Front 16

withdrawals

Back 16

money you take out of your account.