A balance of payments(BOP) sheet is an accounting record of all monetary transactions between a country and the rest of the world.

An estimate of income and expenditure for a set period of time.

An account at a bank against which checks can be drawn by the account depositor.

A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc.

A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.

A sum of money placed or kept in a bank account, usually to gain interest.

The electronic transfer of a payment directly from the account of the payer to the recipient's account.

Declare one's public approval or support of.

the cost required for something: the money spent on something.

Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits.

A payment made for professional advice or services.

Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills and knowledge that allow an.

A security is a fungible, negotiable intrument representing financial value.

Costs of owning and operating a property that are not discretionary and, execpt for occasional increases.

money received, esp. on a regular basis, for work or through investments.

The state of wanting to know or learn about something or someone.

An extension of credit from a lending institution when an account reaches zero.

A written message, esp. in business.

Cannot avoid or help doing something.

Non-sufficient funds(NSF)

An acronym used in the banking industry to signify that there are "non-sufficient funds" in an account in order to honor a check drawn on that account.

The performance of banking activities via the Internet.

A person to whom money is paid or is to be paid, esp. the person to whom a check is made payable.

A person who pays money for something.

Cause to coexist in harmony: make or show to be compatible.

An economy of or reduction in money, time, or another resource.

An element, feature, or factore that is liable to vary or change.

Have a desire to possess or do something.

An act of taking money out of an account.

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Budget and Banking

Term	Definition
Atm	Automated teller Machine.
Account Balance	A balance of payments(BOP) sheet is an accounting record of all monetary transactions between a country and the rest of the world.
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
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	Declare one's public approval or support of.
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.
Financial Literacy	Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills and knowledge that allow an.
Financial Security	A security is a fungible, negotiable intrument representing financial value.
Fixed Expense	Costs of owning and operating a property that are not discretionary and, execpt for occasional increases.
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.
Loan Overdraft	An extension of credit from a lending institution when an account reaches zero.
Memo	A written message, esp. in business.
Needs	Cannot avoid or help doing something.
Non-sufficient funds(NSF)	An acronym used in the banking industry to signify that there are "non-sufficient funds" in an account in order to honor a check drawn on that account.
Online Banking	The performance of banking activities via the Internet.
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.
Savings	An economy of or reduction in money, time, or another resource.
Variable Expenses	An element, feature, or factore that is liable to vary or change.
Wants	Have a desire to possess or do something.
Withdrawal	An act of taking money out of an account.

Created by: DatAss

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