unit something Flashcards

code of conduct

a statement that guides the ethical behavior of a company and its endorsement

checking account

a bank account from which payments can be ordered by a depositor

endorsement

a signature or stamp on the back of a check transferring ownership

blank endoresment

endorsement consisting only of the endorsers signature

special endoresment

endorsement indicating a new owner of a check

restrictive endoresment

endorsement restricting further transfer of a checks ownership

postdated check

a check with a future date on it

bank statement

a report of deposits, withdrawals, ans bank balances sent to a
depositor by a bank

dishonored check

a check that a bank refuses to pay

electronic funds transfer

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

debit card

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

petty cash

an amount of cash kept on hand and used for making payments

petty cash slip

a form showing proof of a petty cash payment