Budget & Banking
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| ATM | automated Teller Machine, place where you can get and deposit money from your accounts
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| Account Balance | A balance of payments
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| Budget | An estimate of income and expenditure for a set period of time.
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| Checking Account | An account at a bank against which checks can be drawn by the account depositor.
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| Cleared Check | when a check has been cashed or deposited into an account
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| Credit Union | A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc.
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| Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
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| Deposit | putting money into an account (savings or checking)
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| Direct Deposit | The electronic transfer of a payment directly from the account of the payer to the recipient's account.
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| Endorse | to write on the back of; especially : to sign one's name as payee
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| Expense | The cost required for something; the money spent on something.
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| FDIC | Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits.
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| Fees | 1.A payment made for professional advice or services.
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| Financial Literacy | Financial literacy is the ability to understand finance.
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| Finacial Security | A security is a fungible, negotiable instrument representing financial value.
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| Fiexed Expense | Any expense that does not change from period to period, such as loan payments..
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| Income | Money received, esp. on a regular basis, for work or through investments.
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| Intrest | money earned based on your investments
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| Loan Overdraft | taking out more money than your original loan
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| Memo | A written message, esp. in business; a memorandum.
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| Needs | Cannot avoid or help doing something.
Cannot avoid or help doing something.
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| Non-sufficient funds | Non-sufficient funds (NSF) is a term used in the banking industry to indicate that a demand for payment (a check) cannot be honored.
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| Online Banking | Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website operated by their retail.
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| Payee | A person to whom money is paid or is to be paid, esp. the person to whom a check is made payable.
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| Payer | a person who pays money for something.
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| Rconcile | to bring into agreement or harmony; make compatible or consistent: to reconcile differing statements; to reconcile accounts.
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| Savings | putting money into an account for future use
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| Varuiable Expenses | Variable costs are expenses that change in proportion to the activity of a business.
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| Wants | Have a desire to possess or do .
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| Withdraw | The action of withdrawing something
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
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Created by:
crystal111312
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