computerized electronic machine that performs basic banking functions (as handling check deposits or issuing cash withdrawals)

The amount of money in a financial repository, such as a checking account, at any given moment.

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.

Movement of a check from the bank in which it was deposited to the bank on which it was drawn

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

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.

1.Declare one's public approval or support of 1.Declare one's public approval or support of 1.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.

1.A payment made for professional advice or services.

Financial literacy is the ability to understand finance.

A security is a fungible, negotiable instrument representing financial value

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

Tax levied directly on personal income.

The fee charged by a lender to a borrower for the use of borrowed money,

arrangement under which a bank extends credit up to a maximum amoun

A written message, esp. in business; a memorandum

Cannot avoid or help doing something

Non-sufficient funds (NSF)

A term used to indicate when an item such as a check

allows customers to conduct financial transactions on a secure website operated by their retail or...

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.

process used to compare two sets of records to ensure the figures are in agreement and are accurate

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

Variable costs are expenses that change in proportion to the activity of a business

2.An act of taking money out of an account.

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budget and banking

Term	Definition
ATM	computerized electronic machine that performs basic banking functions (as handling check deposits or issuing cash withdrawals)
Account Balance	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
Credit Union	A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc.
Debit Card	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	1.Declare one's public approval or support of 1.Declare one's public approval or support of 1.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	1.A payment made for professional advice or services.
Financial Literacy	Financial literacy is the ability to understand finance.
Financial Security	A security is a fungible, negotiable instrument representing financial value
Fixed Expense	Costs of owning and operating a property that are not discretionary and, except for occasional increases,
Income	Tax levied directly on personal income.
Interest	The fee charged by a lender to a borrower for the use of borrowed money,
Loan Overdraft	arrangement under which a bank extends credit up to a maximum amoun
Memo	A written message, esp. in business; a memorandum
Needs	Cannot avoid or help doing something
Non-sufficient funds (NSF)	A term used to indicate when an item such as a check
Online Banking	allows customers to conduct financial transactions on a secure website operated by their retail or...
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	process used to compare two sets of records to ensure the figures are in agreement and are accurate
Savings	1.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
Withdrawal	2.An act of taking money out of an account.

Created by: bignigga

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