Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


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. Your email address is only used to allow you to reset your password. See 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.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
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

Financial Literacy

Lesson 1

TermDefinition
ATM A machine that allows bank customers to deposit or withdraw money without visiting their bank.
Balance The current amount of money in an account.
Bank A business that offers money-related services to its customers, including loans and checking and savings accounts.
Board of Directors A group of people chosen to manage or direct a business or organization.
Business A company that sells goods or services.
Certificate of Deposit - CD An investment that earns interest over a specific period of time.
Check A written order to a bank to pay a certain amount of money from a checking account to another person or business.
Checking Account A bank account used to pay bills and access funds using checks and debit cards.
Credit Card A card that allows the holder to buy goods and services by taking out a bank loan.
Credit Union A financial institution owned by its members that provides many of the same services as a bank.
Debit card A card that allows customers to electronically and immediately withdraw funds from their accounts, either in cash or to purchase goods or services.
Economy A system that guides how money is earned and used in a society.
Financial Institution A business that provides money-related services.
Loan Money borrowed that must be repaid, usually with interest.
Online Banking A service that allows customers to perform banking activities using the Internet.
Safe Deposit Box A bank safe where documents, jewelry, or other valuables are kept.
Savings Account An account that usually earns interest and is often used to hold money that is not needed right away.
Transaction A business agreement or exchange.
Created by: hewittl
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards