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TermDefinition
debit an accounting entry acknowledging sums that are owing
credit card a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered
cheque a written order directing a bank to pay money
in advance ahead of time; in anticipation
interest rate the percentage of a sum of money charged for its use
deposit the act of putting something somewhere
tuition fee a fee paid for instruction (especially for higher education)
poverty the state of having little or no money and possessions
bank statement a periodic statement prepared by a bank for each client
current account that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
Created by: 3860006277370913
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