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

PaycheckA check received for work completed

Personal checkA check written from a personal checking

account

CFOChief Financial Officer is responsible for a

business’s finances

Direct depositAn electronic transfer of money from one

account to another; often used by employers to pay employees

Bounced checkA check that is written for more than the

amount of money in a checking account

Deposit TicketsWritten records of money put into a checking

account

Check RegisterA booklet for recording the money that is put

into (deposited) or removed (withdrawn) from the checking account

Net DepositsThe amount of money deposited into an

account, minus any cash received

EndorseTo write a signature on the back of a check

Documents