What Does It Mean?

Match the terms associated with managing your cash and savings accounts on the left with the descriptions of the terms on the right. Read each description carefully and type the letter of the description in the Answer column next to the correct term.

Hint: These are not necessarily complete definitions, but there is only one correct answer for each term.

$\backslash$table$[[$Term$,$Answer,,Description$],[$Compound interest,grad,A$.,\backslash$table$[[$These financial institutions accept checking and savings deposits from individuals and$],[$business$,$ and include commercial banks, savings banks, and credit unions.$]]],[$Demand deposit,grad,B$.,\backslash$table$[[$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$.]]],[$Overdraft$,$grad,C$.,\backslash$table$[[$This is the general name given to a checking account for which withdrawn balances must$],[$be paid immediately upon demand.$]]],[$Account reconciliation,grad,D$.,\backslash$table$[[$This is the term applied to the normal, day$-$to$-$day administration of an individual's or$],[$family$\text{'}$s cash and near$-$cash, or liquid assets.$]]],[$Cash management,$,$E$.,\backslash$table$[[$This is the name applied to interest earned on the initial deposit amount plus the$],[$previously earned interest.$]]],[$Deposit insurance,grad,F$.,\backslash$table$[[$This is the process of ensuring that the money that left the bank account matches the$],[$amount the account holder spent.$]]],[$Cashier$\text{'}$s check,$,$G$.,\backslash$table$[[$In this program, the insuring agency guarantees the safety of the account holder's total$],[$deposits up to specified amount.$]]],[$Time deposit,$,$H $.,\backslash$table$[[$This is a deposit held in a financial institution for which funds are deposited for periods$],[$longer than demand deposits.$]]],[$Simple interest,$,$I.,$\backslash$table$[[$This is the technical name of the condition that results when an account holder bounces a$],[$check$.]]],[$Depository institution,$,.,\backslash$table$[[$This is the name given to the earnings on an amount which is determined based on the$],[$interest rate applied only to the initial deposit.$]]]]$