Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Bank Terms

TermDefinition
Check a written order instructing an institution to pay a specific amount to a person
Cashier’s check a check drawn on the funds of the bank and not against the funds in the depositor’s account
Certified check a check written by an individual that is guaranteed to be good
Cancelled check a check that the bank has not paid
Outstanding check a check filled out by a depositor that has not yet been presented for payment or paid to the depositor’s bank
Floating a check the amount of uncollectible funds represented by checks in the possession of one bank but drawn on other banks
Checkbook register register of the checks that have been written
Check Endorsement signature on the front of back of check meaning both parties agree to exchange money
Overdraft when the amount of money withdrawn is more than the amount available in the account
Overdraft protection protects you in case you overdraft your account
Stop payment order an order that hasn’t been cashed
Demand deposit a deposit that can be withdrawn without any advance
Deposit in transit a deposit that hasn’t entered the account yet
Reconciliation practice of certain lending institutions of not making mortgage, home improvement, and small business loans
Money market account interest-bearing account that typically pays higher interest rate
Liquidity availability of liquid assets to a market
Interest the cost of using money
Share Account pays dividends
Principal outstanding balance on a loan, excluding interest and fees
Compound Interest interest calculated on the initial principal
Certificate of Deposit negotiable instrument issued for funds, usually bearing interest, deposited with the bank
Maturity Date the date when the principal balance of a loan, bond, or other financial instrument becomes due and payable
Created by: tomlackley
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards