Banking11
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 moment.
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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.
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
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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 | A sum of money placed or kept in a bank account, usually to gain interest
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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 | Declare one's public approval or support of.
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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.
The cost required for something; the money spent on something.
The cost r
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| FDIC | Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits.
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| Fees | payment made for professional advice or services
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| Financial Literacy | Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills and knowledge that allow an...
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| Financial Security | security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized into debt securities...
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| Fixed Expense | Costs of owning and operating a property that are not discretionary and, except for occasional increases, do not change...
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| Income | Money received, esp. on a regular basis, for work or through investments
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| Interest | The amount charged,
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| Loan Overdraft | arrangement under which a bank extends credit up to a maximum amount
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| Memo | message, esp. in business; a memorandum.
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| Needs | requirement, necessary duty, or obligation
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| 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 availabl...
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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 or...
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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 | Restore friendly relations between
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| Savings | 1.An economy of or reduction in money, time, or another resource
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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 | A lack or deficiency of something
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| Withdrawal | An act of taking money out of an account.
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Created by:
Janaee3
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