Podcast
Questions and Answers
Match the following banking terms with their definitions:
Match the following banking terms with their definitions:
Check = A document that orders a bank to pay a specific amount of money from a person's account Checking account = A bank account from which payments can be ordered by a depositor Savings account = A bank account that earns interest Register = To record or enroll formally
Match the following financial actions with their descriptions:
Match the following financial actions with their descriptions:
Check = Order a bank to pay a specific amount of money Incur = Become subject to (something unwelcome or unpleasant) as a result of one's own behavior or actions Overdraw = Withdraw money from a bank account in excess of what the account holds
Match the following banking terms with their associated actions:
Match the following banking terms with their associated actions:
Check = Used to pay for items without using cash Register = Action of recording something officially Overdraw = Action of taking out more money than the account contains