Vocabulary - Banking Unit

The amount of money you have in your bank account.

• Total

• Balance

• Surplus

• Deficit

Checks the bank has processed. The recipient has received the amount of the check.

• Paid Check

• Non Sufficient Funds Check

• Cancelled Check

• Processed Check

Tags

CCSS.7.NS.A.1

CCSS.7.NS.A.3

A written order to the bank that tells it to take a stated amount of money from your account and pay it to a specified individual/business.

• Money Order

• Cashiers Check

• Wire Transfer

• Check

A book or portfolio that secures your check register, checks, deposit slips, receipts and other ATM/Debit Card Transactions.

• Bank Statement

• Checkbook

• Bank Account

• Bank Journal

A document that enables you to keep track of checks you have written, ATM/debit card transactions, as well as deposits and withdrawals.

• Check Register

• Checking App

• Checking Account Journal

• Deposit Slip

Tags

CCSS.7.NS.A.1

CCSS.7.NS.A.3

A sum of money deposited INTO an account. A result of a return of merchandise or an correction made to the account.

• Interest

• Debit

• Transfer

• Credit

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

A sum of money deducted from your account. An accounting term which represents a subtraction from of funds from an account.

• Check

• Deposit

• Debit

• Payment

Tags

CCSS.7.NS.A.1

CCSS.7.NS.A.3

A form you fill out to credit money to your account when you make a deposit.

• Check

• Check Register

• Account

• Deposit Slip

The monthly record of your account transactions sent to you by your bank.

• Check Register

• Checkbook

• Statement

• Notification

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

If Vic has $14.98 in his chekcing account, then his _______________ is $14.98

• Check

• Deposit

• Balance

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3