Save
Upgrade to remove ads
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

T-EPF M2L2 Key Terms

Traditional EPF Module 2 Lesson 2 Key Terms

TermDefinition
Bank An institution for saving, storing, and loaning money.
Federal Reserve The central bank of the United States.
Non-Profit Businesses that operate to break even with their expenses; they do not make a profit.
Wall Street The term used to describe the financial center in New York City that is home to the New York Stock Exchange.
Savings and Loan Association A type of financial institution that started with members contributing funds for individuals to borrow to build homes; functions like a bank today.
Fiat Money Money that is valuable because the government says that it is; also known as legal tender.
Federal Deposit Insurance Corporation Insurance that protects individual accounts in banks up to $250,000 in case of bank failure.
Commercial Bank Financial institution that operates to make a profit and usually has higher fees and lower interest than other types of banks
Credit Union A type of financial institution that is owned by the members and does not operate for a profit; typically members of a particular occupation (teachers, federal employees, etc) earn higher interest and pay lower fees.
Fractional Reserve Banking Banks only keep a portion of funds that are deposited in the bank and loan out the remainder.
Certificate of Deposit Money deposited in a bank for a specific amount of time; typically yields higher interest.
Collateral Property used to secure a loan.
Money Market Account A type of savings account that yields higher interest but usually requires a minimum balance
Created by: dmcsorley13
Popular Social Studies 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