AVID BIZTOWN - Banking Terms and Responsibilities

Front

A bank account used to pay bills and access funds using checks, debit cards, and electronic payments.

Back

checking account

Front

to write a signature on the back of a check

Back

endorse

Front

a duty to behave in a specific way

Back

responsibility

Front

a tool for recording money put into (deposited) or removed from (withdrawn) an account.

Back

money tracker

Front

the freedom to act in a certain way

Back

right

Front

a business agreement or exchange

Back

transaction

Front

a written record of money put into a bank account

Back

deposit ticket

Front

An electronic transfer of money from one account to another; often used by employers to pay employees.

Back

direct deposit

Front

A check received for work completed.

Back

paycheck

Front

The money people earn for their work based on the value they bring to the business.

Back

income