Checking Acct Vocab Vocabulary associated with maintaining a checking account

Question Answer
Bank / Credit Union A financial institution that accepts deposits into checking, saving and investment accounts.
Void To invalidate a check or document
Endorse To sign the back of a check for depositing or cashing it.
Balance Forward The balance in a checking/saving account after last transaction is recorded.
Signature Line Located in the bottom right corner of a check; authorizes cashing of the check
Credit A deposit to a checking or savings account
Debit A withdrawal from checking or saving account
Account Number The second set of numbers in the lower left corner of a check that is assigned to a customer
Stub A check summary that the account holder keeps as a record of the check
Amount Line The place on the check where the amount is written in words
Register A log or journal of all transactions in a checking or savings account
Deposit Ticket A document used for putting money into a checking/savings account
Routing Number The first set of numbers in the lower left corner of a check that is assigned to a financial insitution
Amount Box The place on the check where the amount is written in dollars and cents
Payee The person the check is written to on the Pay to the Order of line

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