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budget and banking
| Term | Definition |
|---|---|
| ATM | automated teller machine, a machine at a bank branch or other location which enables a customer to perform basic banking |
| Account Balance | The amount of money in a financial repository, such as a checking account, at any given moment |
| Budget | an estimate, often itemized, of expected income and expense for a given period in the future. 2. a plan of operations based on such an estimate. |
| Checking Account | A transactional deposit account held at a financial institution that allows for withdrawals and deposits. Money held in a checking account is very liquid, and can ... |
| Cleared Check | Definition of check clearing: Movement of a check from the bank in which it was deposited |
| Credit union | A credit union is a member-owned financial cooperative, democratically .... law of cooperatives, "merchants" as defined by the common code of commerce |
| Debit Card | A debit card (also known as a bank card or check card) is a plastic card that provides ... In many countries, the use of debit cards has become so widespread that ... |
| Deposit | to place for safekeeping or in trust, especially ... 1 to place for safekeeping or in trust, especially in a bank account: He |
| Direct Deposit | The deposit of funds directly into a bank account as a form of payment. Common uses for direct deposit include paychecks and tax |
| Endorce | to approve, support, or sustain: to endorse a political candidate. 2. to designate oneself as payee of (a ... |
| Expence | Money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. Expenses may be |
| F.D.I.C | The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States (U.S.) federal government that preserves public confidence in ... The Federal Deposit Insurance Corporation (FDIC) is an independent agency of th |
| Fees | a charge or payment for professional services: a doctor's fee. 2. a sum paid or charged for a privilege: an admission fee. 3. a charge allowed by law for the |
| financail Literacy | The possession of knowledge and understanding of financial matters. Financial literacy is mainly used in connection with personal finance matters. Financial ... |
| financail sicurity | Definition of 'Security'. A financial instrument that represents: an ownership position in a publicly-traded corporation (stock), a creditor relationship with |
| Fixed Expence | A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses that have to be paid by |
| Income | monetary payment received for goods or services, or from other sources, as rents or investments. 2. something that comes in as an addition or increase, ... |
| Interest | feeling of a person whose attention, concern, or curiosity is particularly engaged by something: She has a great interest in the poetry of Donne. 2. something |
| Loan Overdraft | If you have an overdraft account, your bank will cover checks which would otherwise bounce. As with any loan, you pay interest on the outstanding balance of an . |
| Memo | Memo definition, memorandum See more. ... How To Write A Memo www.ehow.com/How+To+Write+A+Memo eHow How To Write A Memo Tips From People ... |
| Needs | of necessity; necessarily (usually preceded or followed by must ): It must needs be so. It needs must be. Relevant Questions. What Are Needs? Who Needs A ... |
| Non-sufficient funds (NSF) | A check that a bank refuses to honor because there is not enough money in the payer's checking account to cover the amount of the check. For example, if Bob |
| Online Banking | Definition of online banking: A system allowing individuals to perform banking activities at home, via the internet. Some online banks are traditional banks which ... |
| Payee | Economics, Accounting & Finance / Banking & Finance) the person to whom a cheque, money order, etc., is made out. 2. (Economics, Accounting & Finance |
| Payer | One that pays: a prompt payer of bills. 2. One named responsible for paying a bill or note. payer [ˈpeɪə]. n. 1. (Economics, Accounting & Finance / Banking |
| Reconcile | to restore to friendship or harmony . b : settle, resolve . 2. : to make consistent or congruous |
| Savings | The portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment ... |
| Variable Expenses | expense or variable cost as used in personal household budgeting or small business budgeting. |
| Wants | to feel a need or a desire for; wish for: to want one's dinner; always wanting something new. 2. to wish, need, crave, demand, or desire (often followed by an ... |
| Withdrawal | Also, with·draw·ment. the act or condition of withdrawing. 2. Pharmacology. the act or process of ceasing to use an addictive drug. 3. coitus interruptus. |
Created by:
Cthorne
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