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Checking - Vocab Quiz

Last updated over 4 years ago

10 questions

Note from the author:

Instructions

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Match the definition with the vocab term it describes.

Match the definition with the vocab term it describes.

Question 1

1.

Question 2

2.

Question 3

3.

Question 4

4.

Question 5

5.

Question 6

6.

Question 7

7.

Question 8

8.

Question 9

9.

Question 10

10.

Secured container held in a bank vault, used by a customer to keep important or valuable items safe

Joint Account

Direct Deposit

Bank

Overdraft

ATM

Cashier's check

Interest

Canceled check

Power of Attorney

Check

Safe Deposit Box

FDIC

Fee charged for the opportunity to borrow money

Canceled check

FDIC

Joint Account

Bank

Safe Deposit Box

Check

Power of Attorney

ATM

Direct Deposit

Overdraft

Interest

Cashier's check

Legal document giving one person the power to act for another

FDIC

Direct Deposit

Overdraft

Check

Safe Deposit Box

Power of Attorney

Canceled check

Cashier's check

Joint Account

ATM

Interest

Bank

Financial institution licensed to receive deposits and make loans

Safe Deposit Box

Canceled check

FDIC

Joint Account

Check

Direct Deposit

Bank

ATM

Power of Attorney

Overdraft

Interest

Cashier's check

Written, dated, signed instrument that directs a bank to pay a specific sum to the bearer

Direct Deposit

Canceled check

Overdraft

Interest

Bank

Power of Attorney

Joint Account

Safe Deposit Box

Check

ATM

FDIC

Cashier's check

Electronic transfer of payment directly to a recipient’s account	

Bank

Canceled check

ATM

Power of Attorney

FDIC

Joint Account

Overdraft

Interest

Cashier's check

Direct Deposit

Safe Deposit Box

Check

Computerized electronic banking machine that performs basic banking functions

Safe Deposit Box

Cashier's check

Canceled check

ATM

FDIC

Bank

Interest

Check

Power of Attorney

Direct Deposit

Overdraft

Joint Account

Check that has been paid by the bank it was drawn on after it has been deposited or cashed

ATM

Canceled check

Interest

Power of Attorney

Overdraft

FDIC

Cashier's check

Bank

Direct Deposit

Safe Deposit Box

Check

Joint Account

Deficit in a bank account caused by drawing more money than the account holds

Bank

Cashier's check

FDIC

Interest

Power of Attorney

ATM

Safe Deposit Box

Overdraft

Check

Canceled check

Joint Account

Direct Deposit

Federal agency that insures deposits in US banks in the event of bank failure

ATM

Interest

Check

Bank

Direct Deposit

Overdraft

Cashier's check

FDIC

Safe Deposit Box

Joint Account

Power of Attorney

Canceled check