Vocabulary
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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| A form used to list all money deposited in a bank. | Deposit Slip
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| A record of deposits and checks. | Check Register
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| The amount of money in an account; the difference between the two sides of an account. | Balance
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| When funds are withdrawn from one account and deposited into another using computers. | Electronic Funds Transfer (EFT)
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| A computer system that lets you withdraw or deposit money in your bank account without a teller's help. | Automatic Teller machine (ATM)
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| Transferring funds by a company directly into their employees bank accounts without writing any checks. | Direct Deposit
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| A card that lets you pay for purchases using a terminal in a store. | Debit Card
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| An electronic banking service that allows you to do your banking by using your personal computer and the Internet. | Online Banking
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| A monthly report to a depositor showing deposits, payments, and balance in a checking account. | Bank Statement
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| A bank charge or deductions for handling a checking account; a charge in addition to interest on an installment purchase. | Service Charge
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| A check issued but not yet received and paid by the bank. | Outstanding Checks
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| Money paid to an individual or institution for the privilege of using their money. | Interest
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| A deposit or withdrawal that has to be recorded. | Transaction
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| The total in a savings account at the end of an interest period after compound interest is added. | Compound Amount
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| The difference between the original principal and the compound amount; interest figured on interest after it has been added to principal. | Compound Interest
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| A time deposit or savings certificate. | Certificate of Deposit (CD)
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| The fixed period of time money is on deposit in a savings account. | Term
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| The date that marks the end of the term of a loan. When money must be repaid. | Maturity Date
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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.
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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.
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