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Check Vocabulary

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