Budget and 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
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Account Balance | The amount of money in a financial repository, such as a checking account, at any given time
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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 | Movement of a check from the bank in which it was deposited to the bank on which it was drawn
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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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Deposited | A sum of money placed or kept in a bank account, usually to gain interest
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Endorse | To sign a check so it can be cashed
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Expense |
The cost required for something; the money spent on something
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 | Money paid as part of a special transaction
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Financial Literacy | the ability to understand finance
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Financial Security | A security is a fungible, negotiable instrument representing financial value
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Fixed Expense | Any expense that does not change from period to period
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Income | Money received
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Interest | The state of wanting to know or learn about something or someone
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Loan Overdraft | An extension of credit from a lending institution when an account reaches zero.
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Memo | A written message, esp. in business; a memorandum.
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Needs | Requirements that a private or public organization must follow
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Non-sufficient funds | 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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Reconcile | Analysis and adjustment of differences between the cash balance shown on a bank statement, and the amount shown in the account holder's records
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Savings | The money one has saved, esp. through a bank or official scheme.
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Variable Expenses | (Variable expense) Variable costs are expenses that change in proportion to the activity of a business
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Wants | The human motives that induce the business and economic activities which produce the desired goods and services, or the means to acquire them.
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Withdrawal | An act of taking money out of an account
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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.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
dmckay
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