Term
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Definition
| an establishment for custody, loan, Exchange, or issue of money for the extension of credit and for facilitating transmission of funds |
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Term
Federal Deposit Insurance
Corporation |
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Definition
| insures each qualified money account in a bank for up to $100,000 |
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Term
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Definition
banks record of how much money you place in account, how much u with draw and how much you have left |
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Term
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Definition
money earned periodically for money in an account |
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Term
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Definition
a depositor’s written order requiring the bank to pay certain amount to a specific party on demand |
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Term
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Definition
check drawn on one bank by another |
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Term
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Definition
cash substitute that is insured against loss or theft
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Term
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Definition
| check drawn on an agency’s or banks own account by authorized officer of that bank or agency |
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Term
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Definition
drawn on a bank by one of its own officers |
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Term
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Definition
| identification card allowing bank customers to deposit, withdraws, or transfer money using an ATM |
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Term
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Definition
| card enabling customers to charge purchases up to a maximum amount set by bank |
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Term
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Definition
| card letting customers pay for purchases from cooperating businesses and transactions are recorded directly to bank account if funds available |
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Term
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Definition
an agreement between a bank and a customer to loan money |
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Term
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Definition
property of value that can take place of money payment |
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Term
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Definition
| banking banking by computer over the internet |
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