Budget and Banking Word Scramble
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Term | Automated teller machine. |
Account Balanace | The amount of money in a financial repository, such as a checking account, at any given moment. |
Budget | An estimate of income and expenditure for a set period of time. |
Checking Account | An account at a bank against which checks can be drawn by the account depositor. |
Cleared Check | Movement of a check from the bank in which it was deposited to the bank on which it was drawn, and the movement of its face amount in the opposite direction. |
Credit Union | A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc. |
Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase. |
Deposit | A sum of money placed or kept in a bank account, usually to gain interest. |
Direct Deposit | The electronic transfer of a payment directly from the account of the payer to the recipient's account. |
Endorse | Recommend (a product) in an advertisement |
Expense | The cost required for something; the money spent on something. |
FDIC | Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits |
Fees | .A payment made for professional advice or services. |
Finacial Literacy | The possession of knowledge and understanding of financial matters. |
Finacial Sercurity | A security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized into debt securities... |
Fixed Expense | Costs of owning and operating a property that are not discretionary and, except for occasional increases, do not change... |
Income | Money received, esp. on a regular basis, for work or through investments |
Interest | The state of wanting to know or learn about something or someone: "many people lose interest in history". |
Loan Overdraft | An extension of credit from a lending institution when an account reaches zero. |
Memo | A written message, esp. in business; a memorandum. |
Needs | Cannot avoid or help doing something |
Non-suffient 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... |
Online banking | Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website operated by their retail |
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 | Cause to coexist in harmony; make or show to be compatible |
ATM | Automatic teller machine. |
Savings | An economy of or reduction in money, time, or another resource. |
Variable Expenses | Variable costs are expenses that change in proportion to the activity of a business. |
Wants | Have a desire to possess or do (something); wish for |
Withdrawal | An act of taking money out of an account. |
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YoSoyDomo
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