Compound interest

A. This is the name given to interest that is paid only on an investor's initial investment and not on any previously earned interest.

Demand deposit

B. This is the condition that results when an account holder withdraws more money than is currently in the account.

Overdraft

C. This is the term applied to the normal, day-to-day administration of an individual's or family's cash and near-cash, or liquid assets.

Account reconciliation

D. This is the name given to the interest earned on the sum of the initial deposit and previously earned interest.

Cash management

E. This is a deposit held in a financial institution for which funds are deposited for periods longer than demand deposits.

Deposit insurance

F. These financial institutions, such as commercial banks, savings banks, and credit unions, are authorized to accept deposits.

Cashier's check

G. This is the general name given to an account that allows the account holder to access the funds through a variety of banking options such as ATM withdrawals, online banking, using debit card or through a teller.

Time deposit

H. This product, offered by the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA), protects depositor funds against the failure of the insured depository institution.

Simple interest

I. This form of check is drawn on the account of a financial institution and is backed by the creditworthiness of the institution. It is often required by sellers in lieu of a personal check.

Depository institution

J. This is the process of ensuring that the money that left the bank account matches the amount the account holder spent.

note: EACH BOLD TERM - NEEDS TO BE ASSIGNED A LETTER - EACH LETTER REPRESENTS A STATEMENT. THAT STATEMENT NEEDS TO BE TRUE TO THE WORD / TERM STATED. (THERE IS NO ORDER HERE)