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Checking - Vocab Quiz
By Matthew Goldstein
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Last updated over 4 years ago
10 questions
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Note from the author:
Match the definition with the vocab term it describes.
Instructions
Match the definition with the vocab term it describes.
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Question 1
1.
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
Question 2
2.
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
Question 3
3.
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
Question 4
4.
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
Question 5
5.
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
Question 6
6.
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
Question 7
7.
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
Question 8
8.
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
Question 9
9.
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
Question 10
10.
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