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A bank account that allows a customer to deposit and withdraw money and write checks.
Checking Account
A written piece of paper instructing the bank to pay a specific amount of money to a specific person or entity.
Check
A card linked to a checking account that can be used to withdraw money and make deposits at an ATM and to make purchases at merchants.
ATM Card of Debit Card
To sign the back of a check, authorizing the check to be exchanged for cash or credit.
Endorse
A financial institution that handles money, including keeping it for saving or commercial purposes, and exchanging, investing, and supplying it for loans.
Bank
A monthly accounting document sent to you by your bank that lists your account balance at the beginning and end of the month, and all of the checks you wrote th
Bank Statement
To take money out of your account by: going to the bank and use a withdrawal slip, ATM, writing a check, making a purchase and use your ATM card
Withdraw
To put money into your account
Deposit
How much money is currently in your account
Balance
When there is not enough money in an account to cover a transaction and the bank pays it on your behalf,creating a negative balance in the account that you need
Overdraft
A fee charged for the violation of a rule in a financial agreement.
Penalty Fee
a nine-digit number used to identify a bank or financial institution when clearing funds for electronic transfers or processing checks
Routing Number
A set of numbers assigned to an account when a person opens a bank account (usually 10 numbers).
Account Number
4 digit code a person creates when they get a debit card. The PIN number is used to withdraw money from an ATM or make purchases.
PIN Number
The costs you can plan for and are likely already factored into your regular budget. These costs can occur at any interval, but they're typically monthly or yearly payments.
Fixed Expense
Expenses that change in amount from month to month.
Variable Expense
