Match the definition with the vocab term it describes.
Match the definition with the vocab term it describes.
Secured container held in a bank vault, used by a customer to keep important or valuable items safe
Fee charged for the opportunity to borrow money
Legal document giving one person the power to act for another
Financial institution licensed to receive deposits and make loans
Written, dated, signed instrument that directs a bank to pay a specific sum to the bearer
Electronic transfer of payment directly to a recipient’s account
Computerized electronic banking machine that performs basic banking functions
Check that has been paid by the bank it was drawn on after it has been deposited or cashed
Deficit in a bank account caused by drawing more money than the account holds
Federal agency that insures deposits in US banks in the event of bank failure