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Check Vocabulary

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    C2.1 5.2 check vocab
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  • Define: To bounce
    when a check is not cleared by the bank
  •  15
  • Define: To clear
    when a bank approves a check and accepts/transfers the money
  •  15
  • A book containing blank checks to be used by the holder of a bank account?
    Checkbook
  •  10
  • Define: Payable to someone
    a check that has a person's name written on it because the money is owed to them
  •  20
  • Define: To Present
    to give a check to a bank so that it can be put into your account
  •  20
  • To make out
    to write all the necessary information on a document such as a check
  •  20
  • Number of the check at the top right corner
    Check number
  •  10
  • A person to whom a check is written
    Payee
  •  15
  • monetary
    relating to money
  •  15
  • insatiable
    never satisfied
  •  15
  • an economic system in which prices are determined by unrestricted competition between privately owned businesses:
    Free-market
  •  20
  • in the black
    a business is doing well
  •  15
  • in the red
    a business is doing poorly
  •  15
  • bail out
    to help someone in trouble by paying or lending money
  •  20
  • fork over
    to spend money or give something unwillingly
  •  20
  • run up
    accumulate debt
  •  20