Chapter 5 Vocab

A non-sufficient funds check is also known as an

NSF check.

A special endorsement is sometimes known as an

endorsement in full.

A signature or stamp on the back of a check transferring ownership is called an

endorsement.

An endorsement restricting further transfer of a check's ownership is called a

restrictive endorsement.

A check dishonored by the bank because of insufficient funds in the account of the maker of the check is called a

non-sufficient funds check.

A form showing proof of a petty cash payment is called a

petty cash slip.

An amount of cash kept on hand and used for making small payments is called

petty cash.

An endorsement indicating a new owner of a check is called a

special endorsement.

A petty cash on hand amount that is less than the recorded amount is called

cash short.

A business form ordering a bank to pay cash from a bank account is known as

a check

A bank account from which payments can be ordered by a depositor is called

a checking account.

A report of deposits, withdrawals, and bank balances sent to a depositor by a bank is called a

bank statement

An endorsement consisting only of the endorser's signature is called a

blank endorsement.

A check that has been paid by the bank is called a

canceled check.

A petty cash on hand amount that is more than the recorded amount is called

cash over.

A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder is called a

debit card.

A bank form that lists the checks, currency, and coins an account holder is adding to the bank account is called a

deposit slip.

A check that a bank refuses to pay is called a

dishonored check.

A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents is called

electronic funds transfer