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banking

banking terms

TermDefinition
Budget A plan for spending money.
Balance The amount of money left in an account withdrawals are subtracted from the deposits.
ATM A machine that lets you put money into a bank account or take money out.
Minimum balance The smallest amount of a person can keep in a bank account without having to pay a fee.
Intrest Money that a bank pays you for keeping your money in the bank.
Check register A booklet in a checkbook to keep track of checks and deposits.
Credit card A card that allows a person to buy something now and pay for it later.
Deposit slip A slip of paper you fill out to show how much money you are putting into a back account.
Withdrawal slip A slip of paper you fill out to show how much money you are putting into a back account.
PIN A code that lets your ATM card work.
Savings account Money that earns interest in a bank.
Fee Money charged for a service.
Safe- deposit box A secure box at the bank for keeping special items
Deposit Money put into a bank account.
ATM card A card that allows you to use an ATM.
Created by: stutzza