1.
Money in the form of bills or coins; money on hand or in the bank
2.
Currency or other financial instrument used to facilitate transactions between parties is called _______ of exchange.
3.
A security technique that uses two or more individual parties operating together to protect sensitive functions, information, or assets is called _____ custody.
4.
A draft on an account in a bank that the owner of the account signs to direct the bank to pay a certain amount to the payee.
5.
A ___________ instrument is an unconditional written order or promise to pay a certain sum of money.
6.
The _________________ is a signature typically made on the back of the instrument, such as a check, for negotiating the instrument, restricting payment, or transferring liability of the instrument to another party.
7.
A public officer who acknowledges or otherwise attests or certifies documents as authentic, usually under an official seal.
8.
The paper reproduction of the original check drawn from an electronic file that contains an image of the front and back is a __________ check.
9.
___________ is the process of removing the physical paper check from the processing flow.
10.
A ___________ bank is the bank in which a check is first deposited; bank also may be the drawee if the check is drawn on, payable at, or payable through the bank.
11.
A person who is in possession of a negotiable instrument and who is entitled to receive payment of the instrument.
12.
A check deposited or otherwise negotiated at the bank on which it is drawn is an __-__ check.
13.
A _____ payment is an order by a depositor to the bank to not pay a previously issued check or item.
14.
The failure of the drawee to pay a properly payable check is considered a __________ dishonor.
15.
An interbank electronic or paper transmittal form, resembling a deposit slip, used to accompany cash items sent from one bank to another is a cash ________.
16.
_____________ funds indicate that a check or item drawn against an account exceeds the amount of funds available in the account.
17.
A restriction on the payment of all or any part of the balance in an account.
18.
An ______ check is a check on which a material change, such as the dollar amount, has been made.
19.
A bank service that pays a business’ checks only if they match the check data on an electronic list of issued checks that the business sends to the bank is called ______ pay.
