Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

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!  

ATM
Definition
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Debit Card   a card like a credit card by which money may be withdrawn or the cost of purchases paid directly from the holder's bank account without the payment of interest  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  
🗑
Withdrawal   1.The action of withdrawing something.  
🗑


   

Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
 
To hide a column, click on the column name.
 
To hide the entire table, click on the "Hide All" button.
 
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.

 
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
Created by: TNelson
Popular Finance sets