Budget and Banking
|Account Balance ||a computerized electronic machine that performs basic banking functions (as handling check deposits or issuing cash withdrawals) —called also automated teller machine, automatic teller, automatic teller machine |
|Budget ||a usually leather pouch, wallet, or pack; also: its contents |
|Checking Account ||a bank account against which the depositor can draw checks |
|Cleared Check ||To find out what is check clearing, see this explanation.
|Credit Union ||a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts) |
|Debit Card ||a card like a credit card by which money may be withdrawn or the cost of purchases paid directly from the holder's bank account without the payment of interest|
|Deposit ||to place especially for safekeeping or as a pledge;|
|Direct Deposit ||a method of payment in which money is transferred to the payee's account without the use of checks or cash|
|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 act or an instance of expending|
|FDIC ||Federal Deposit Insurance Corporation |
|Fees ||an estate in land held in feudal law from a lord on condition of homage and service (2): a piece of land so held|
|Financial Literacy ||Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills and knowledge|
|Financial Security ||A security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized |
|Fixed Expense ||(FIXED EXPENSES) Costs of owning and operating a property that are not discretionary and, except for occasional increases, |
|Income ||a gain or recurrent benefit usually measured in money that derives from capital or labor; also: the amount of such gain received in a period of time |
|Interest ||right, title, or legal share in something (2): participation in advantage and responsibility |
|Loan Overdraft ||loan attached to your checking account|
|Memo ||a written statement or sentences sayin what people is checking for|
|needs ||A motivating force that compels action for its satisfaction|
|Non-sufficient funds (NSF) ||A term used to indicate when an item such as a check, or other transaction presented for payment |
|Online Banking ||Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website|
|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 ||1.Restore friendly relations between: "she wanted to be reconciled with her father".
2.Cause to coexist in harmony; make or show to be compatible.
|Savings ||A bank account that earns interest.|
|Variable Expenses ||(Variable expense) Variable costs are expenses that change in proportion to the activity of a business|
|Wants ||Have a desire to possess or do (something|
1.The action of withdrawing something.