Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove Ads
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards




share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Vocab Chs 4-6

Financial Lit

TermDefinition
deposit Coins, checks, and currency put into a bank account
direct deposit A deposit which is electronically transferred from your employer to your
checking account An account at a bank which gives you easy access to your money
check register Assists you in keeping a record of your deposits and withdrawals
balance The amount of money in your checking account
bank statement A listing from the bank of all your transactions for the month
service charge A fee for conducting business through your bank
reconcile Comparing your check register with your bank statement
savings account A specific type of bank account which earns interest
deposit The money you put in the bank, credit union, or brokerage firm
interest The amount of money paid for the use of a lender's money
simple interest Based on three factors: principal, rate, and time
compound interest Earned on original principal plus interest earned during previous periods
annuity An account into which someone deposits an equal amount of money at equal periods of time
principal The amount of money earning interest in a savings account
withdrawal The money you take out of your bank, credit union, or brokerage firm
total purchase price The total selling price plus sales tax
unit pricing A technique that allows shoppers to compare prices
comparison shopping Locating the best value for your money
coupons Redeemed at the time of purchase
rebates Redeemed by mailing in a sales slip and special form
markdown Discount
markdown rate A percent of the regular selling price
sale price Regular selling price minus the markdown
Created by: kristenwoodard