click below
click below
Normal Size Small Size show me how
banking
banking term
| Term | Definition |
|---|---|
| fee | money charged for a service |
| saving account | money that earns interest in a bank |
| budget | a plan for spending money |
| ATM | a card that allow you to use an ATM |
| minimum balance | the smallest amount of money a person can keep in a bank account without having to pay a fee |
| interest | money that a bank pays you for keeping your money in the bank |
| check register | A BOOKLET IN A CHECK BOOK TO KEEP TRACK OF CHECK AND DEPOSIT |
| credit card | a card that allow a person to buy something now and pay for it later |
| balance | the amount of money after the withdrawals are subtracted from the deposit |
| safe deposit box | A SECURE BOX AT THE BANK KEEPING SPECIAL ITMES |
| deposit slip | a slip of paper you fill out to show how much money you are putting into a bank account |
| withdrawal slip | a slip of paper you fill out to show how much money you are taking out of a bank account |
| PIN | a code that lets yours ATM card work |
| withdrawal | money taken out of a bank account |
| deposit | money put into a bank account |