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Budget and banking

ATM "Automated Teller Machine (cash machine)"
Account Balance The amount of money in an account, equal to the net of credits and debits at that point in time for that account. also called balance.
Budget A budget can be made for a person, family, group of people, business, government, country, multinational organization or just about anything else that makes and spends money
Checking Account In deposit terminology, the term Checking Account refers to a deposit account at a bank or other financial institution which allows the holder of the account the ability to write checks against their deposits. While most Checking Accounts do not pay inter
Cleared Check The movement of a check from the depository institution at which it was deposited back to the institution on which it was written; the movement of funds in the opposite direction and the corresponding credit and debit to the involved accounts. The Federal
Credi Uniont A non-profit financial institution that is owned and operated entirely by its members
Debit Card A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
Depsoit 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 1.Declare one's public approval or support of. 2.Recommend (a product) in an advertisement
Expense Have a desire to possess or do (something); wish for. 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 required for something;
FDIC Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits.
Fees 1.A payment made for professional advice or services. 2.Money paid as part of a special transaction, e.g., for a privilege or for admission to something.
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 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 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 The amount by which withdrawals exceed deposits, or the extension of credit by a lending institution to allow for such a situation. Usage Examples Login or Register to see usage examples. Recommended Articles from InvestorGuide.c
Memo A written message, esp. in business; a memorandum. A written message, esp. in business; a memorandum. A written message, esp. in business
Needs Cannot avoid or help doing something: "they must needs depart".
Nonsufficient funds (NSF)- 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 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 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 1.An economy of or reduction in money, time, or another resource. 2.The money one has saved, esp. through a bank or official scheme
Variable Expenses (Variable expense) Variable costs are expenses that change in proportion to the activity of a business.Garrison, Noreen
Wants Have a desire to possess or do (something); Have a desire to possess or do (something); wish for.
Have a desire to possess or do (something); wish for.
Created by: tyshaetucker