Banking

Dean S.
These are words used in the banking industry.
22 words 1387 learners

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Full list of words from this list:

words only definitions & notes
  1. account
    a record or narrative description of past events
  2. ATM
    an unattended machine (outside some banks) that dispenses money when a personal coded card is used
  3. balance
    harmonious arrangement or relation of parts within a whole
  4. bank
    financial institution that accepts deposits and lends money
  5. branch
    a division of a stem arising from the main stem of a plant
  6. check
    examine to determine accuracy or quality
  7. checkbook
    a book issued to holders of checking accounts
  8. collateral
    accompanying; following as a consequence
  9. commission
    the act of granting authority to undertake certain functions
  10. credit
    an estimate of ability to fulfill financial commitments
  11. credit card
    a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered
  12. debit
    an accounting entry acknowledging sums that are owing
  13. default
    an option that is selected automatically
  14. deposit
    the act of putting something somewhere
  15. interest
    a sense of concern with and curiosity about something
  16. loan
    the temporary provision of money (usually at interest)
  17. overdraft
    a draft in excess of the credit balance
  18. payee
    a person to whom money is paid
  19. standing order
    a rule of order permanently in force
  20. statement
    the act of affirming or asserting something
  21. transaction
    conducting business within or between groups
  22. withdraw
    pull back or move away or backward
Created on Thu Nov 13 13:55:09 EST 2008

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