Unit 1, Lesson 2 Vocabulary. Income The money people earn for their work 2.

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Presentation transcript:

Unit 1, Lesson 2 Vocabulary

Income The money people earn for their work 2

Paycheck A check received for work completed 3

Personal check A check written from a personal checking account 4

CFO Chief Financial Officer is responsible for a business’s finances 5

Direct deposit An electronic transfer of money from one account to another; often used by employers to pay employees 6

Bounced check A check that is written for more than the amount of money in a checking account 7

Deposit Tickets Written records of money put into a checking account 8

Check Register A booklet for recording the money that is put into (deposited) or removed (withdrawn) from the checking account 9

Net Deposits The amount of money deposited into an account, minus any cash received 10

Endorse To write a signature on the back of a check 11

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