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Vocabulary Review

TermDefinition
ATM Automated teller machine that dispenses cash
Balance Amount of money in your account
Account Number The number which identifies your account
Bill Monthly statement that tells you how much you have paid and how much you owe
Balance Amount of money in your checking or savings account
Credit Score The score that businesses use to determine if they will give you credit.
Customer Person who buys what a store sales
Company Store where you buy items or purchase services
Debit Card A card issued by the bank that allows you to pay for items using your money.
Due Date Pay bill by this date
Draft a check drawn by a bank on its own funds in another bank
Minimum payment Amount of money needed to make a payment
Returned check Check returned to the customer due to not enough money in the bank to pay the check Also known as a "bounced check"
Mortgage Amount you pay each month for your house payment
Pin Personal Identification number
Transactions Activity you make on your account
Created by: carolyn.blue