Chapter 7, Problem 1CE

Match the following words with their definitions by entering the correct number in the spaces below.

1.    deposit ticket

2.    ATM

3.    check

4.    bank statement

5.    blank endorsement

_____ a.    A document ordering a bank to pay cash from a depositor’s account.

_____ b.    An endorsement where the payee simply signs the back of the check, making the check payable to any bearer.

_____ c.    Automated teller machine—a machine used by depositors to make withdrawals or deposits at any time.

_____ d.    A statement of account issued by a bank to each depositor once a month.

_____ e.    A form showing a detailed listing of items being deposited.