or...
Reset Password Free Sign Up


incorrect cards (0)
correct cards (0)
remaining cards (0)
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the Correct box, the DOWN ARROW key to move the card to the Incorrect box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

Correct box contains:
Time elapsed:
Retries:
restart all cards



Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Budget and Banking

TermDefinition
ATM automated-teller machine
Account Balance The amount of money in a financial repository, such as a checking account, at any given moment.
Budget An estimate of income and expenditure for a set period of time.
Checking Account An account at a bank against which checks can be drawn by the account depositor.
Cleared Check It means the check was cashed or deposited
Credit Union A nonprofit financial cooperative offering deposit accounts, low-interest loans
Debit Card A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
Deposit sum of money placed or kept in a bank account, usually to gain interest.
Direct Deposit The electronic transfer of a payment directly from the account of the payer to the recipient's account.
Endorse to write on the back of; especially: to sign one's name as payee on the back of (a check) in order to obtain the cash or credit represented on the face
Expense The cost required for something; the money spent on something.
FDIC Federal Deposit Insurance Corporation
Fees A payment made for professional advice or services.
Financial Literacy Financial literacy is the ability to understand finance
Financial Security having money set aside for future use, living within a budget
Fixed Expense a payment that stays the same amount each month
Income Money received, esp. on a regular basis, for work or through investments.
Interest a fee paid to someone for borrowing money
Loan Overdraft your bank will cover checks which would otherwise bounce.
Memo A written message, esp. in business; a memorandum
Needs Cannot avoid or help doing something: "they must needs depart".
Non-sufficient funds (NSF) A term used to indicate when an item such as a check, or other transaction presented for payment is returned unpaid because the available balance in your deposit account is less than the amount of the item.
Online Banking A system allowing individuals to perform banking activities at home, via the internet.
Payee A person to whom money is paid or is to be paid, esp. the person to whom a check is made payable.
Payer a person who pays money for something.
Reconcile accounting process used to compare two sets of records to ensure the figures are in agreement and are accurate
Savings to put money aside for a reason
Variable Expenses Variable costs are expenses that change in proportion to the activity of a business.Garrison,
Wants A lack or deficiency of something
Withdrawal 2.An act of taking money out of an account.
Created by: Jakyle Foster on 2013-03-13



Copyright ©2001-2014  StudyStack LLC   All rights reserved.