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Unit 1, Lesson 2 Vocabulary
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Income The money people earn for their work 2
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Paycheck A check received for work completed 3
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Personal check A check written from a personal checking account 4
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CFO Chief Financial Officer is responsible for a business’s finances 5
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Direct deposit An electronic transfer of money from one account to another; often used by employers to pay employees 6
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Bounced check A check that is written for more than the amount of money in a checking account 7
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Deposit Tickets Written records of money put into a checking account 8
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Check Register A booklet for recording the money that is put into (deposited) or removed (withdrawn) from the checking account 9
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Net Deposits The amount of money deposited into an account, minus any cash received 10
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Endorse To write a signature on the back of a check 11
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