Banking Terms Question Preview (ID: 24523)


Terms Used In Banking, Specifically Checking Accounts. TEACHERS: click here for quick copy question ID numbers.

Another name for debit.
a) payment
b) credit
c) deposit
d) balance

Another word for credit.
a) deducted
b) payment
c) debit
d) deposit

A weekly or semi-weekly check paid to you by your employer for work done.
a) credit
b) deposit
c) paycheck
d) payment

A space on a check for filling in the reason you wrote the check.
a) overdraft
b) memo
c) check number
d) check register

The expenditure of more money than you have in your account.
a) overdraft
b) payment
c) debit
d) deposit

The amount left after you subtract checks written or deposits made.
a) withdrawals
b) credits
c) debits
d) balance

This is a book where you keep a record of checks written, fees paid and deposits made
a) checks
b) checking account
c) check register
d) balance

Amounts paid out of your account.
a) credit
b) debit
c) payment
d) balance

Amounts paid into your account.
a) credit
b) withdrawal
c) deduction
d) debit

Another name for someone who works at a bank.
a) attendant
b) cashier
c) teller
d) both b and c

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