A type of deposit account which pays a favorable rate of interest:

Loan made with no collateral as security:

Legal agreement where someone lends money to another person so that he can buy a property, the property being the security:

The financial institution is as an intermediary since………..:

Debt which will not be paid and which has to be written off in the accounts book:

 Not yet paid or completed:

Payment by the bank for the use of a depositor’s money:

The value of one currency in terms of another:

…………………. acts as a unit of account, a store of value, and a medium of exchange in transactions:

……………………involves recording every purchase and sale that a business makes, in the order that they take place, in journals:

All the ……………..you make on your account are recorded so that you can check the details at any time:

Failure to carry out the terms of a contract, especially failure to pay back a debt:

To deposit share certificates with a lender / bank as security for money borrowed:

An employee who serves customers in a bank for their deposits, withdrawals and other services:

Loan which is guaranteed by the borrower giving assets as security:

Money received; in accounting, an entry made on the right side of an account:

What is an overdraft?

In order to withdraw money the bank requires your………….. :

Which of the following best describes the bank system?

The government bank which regulates all commercial banks in a country is called …………….:

The remaining amount of money in an account: