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

Unit 1, Lesson 2 Vocabulary

IncomeThe money people earn for their work

2

PaycheckA check received for work completed

3

Personal checkA check written from a personal checking

account

4

CFOChief Financial Officer is responsible for a

business’s finances

5

Direct depositAn electronic transfer of money from one

account to another; often used by employers to pay employees

6

Bounced checkA check that is written for more than the

amount of money in a checking account

7

Deposit TicketsWritten records of money put into a checking

account

8

Check RegisterA booklet for recording the money that is put

into (deposited) or removed (withdrawn) from the checking account

9

Net DepositsThe amount of money deposited into an

account, minus any cash received

10

EndorseTo write a signature on the back of a check

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