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checking account
A bank account from which payments can be ordered by a depositor. (p. 123)
deposit slip
A bank form which lists the checks, currency, and coins an account holder is adding to the bank account. (p. 123)
endorsement
A signature or stamp on the back of a check, transferring ownership. (p. 124)
blank endorsement
An endorsement consisting only of the endorser's signature. (p. 124)
special endorsement
An endorsement indicating a new owner of a check. (p. 124)
restrictive endorsement
An endorsement restricting further transfer of a check's ownership. (p. 125)
postdated check
A check with a future date on it. (p. 126)
voided check
A check that cannot be processed because the maker has made it invalid. (p. 127)
bank statement
A report of deposits, withdrawals, and bank balances sent to a depositor by a bank. (p. 129)
canceled check
A check which has been paid by the bank. (p. 129)
dishonored check
. A check that a bank refuses to pay. (p. 135)
NSF check
. A check dishonored by the bank because of insufficient funds in the account of the maker of the check. (p. 135)
electronic funds transfer
A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents. (p. 137)
debit card
A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder. (p. 138)
petty cash
An amount of cash kept on hand and used for making small payments. (p. 140)
petty cash slip
A form showing proof of a petty cash payment. (p. 141)
cash short
A petty cash on hand amount that is less than a recorded amount. (p. 143)
cash over
A petty cash on hand amount that is more than a recorded amount. (p. 143)
