Match Each Term with Its Definition

question 49

Multiple Choice

Match each term with its definition.
-Record showing the check number,person to whom check is paid,amount of check,date,and balance

• A)ABA number
• B)agent
• C)ATM
• D)bank statement
• E)cashier's check
• F)certified check
• G)check register
• H)checking account
• I)currency
• J)deposit

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Definitions:

Tax Treatment

The way in which a particular financial transaction or investment is taxed by government policy, affecting incentives and behaviors.

Financial Intermediaries

Financial institutions through which savers can indirectly provide funds to borrowers

Financial Institutions

Organizations that provide financial services, including banks, insurance companies, and investment firms.

Financial Markets

Financial institutions through which savers can directly provide funds to borrowers