Argyllz2
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Standard of payment | Money
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| coins, currency, checks, and debit cards | Monetary System
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| firm that manages money | Financial Institution
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| record of money in a bank | Bank Account
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| money put into a bank account | Deposit
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| money taken out of bank account | Withdrawal
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| rate banks pay for keeping your money | Interest
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| EFT | Electronic Funds Transfer
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| electronic transfer of payment directly to bank | Direct Deposit
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| security against a loan | Collateral
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| agreement to take property if the loan is not paid back | Mortgage
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| secure box in a bank's vault | Safe-Deposit Box
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| offer entire range of banking services | Commercial Banks
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| financial institutions that hold customers' funds in interest-bearing accounts | Savings and Loan Associations
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| non-profit banks set up by organizations for employees to use | Credit Unions
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| provide loans for buying a home/business | Mortgage Companies
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| offer short term loans with high interest rates | Finance Companies
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| provide protection against fire/theft | Insurance Companies
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| sells stocks and bonds | Brokerage Firms
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| "The Fed" | Federal Reserve System
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| funds set aside for emergencies | Reserves
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| laugh out loud | LOL
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| funds transferred from one bank to another when someone writes or deposits a check | Clearing Checks
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| another name for Commercial Banks | Full Service Banks
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| loan granted to someone to pay for personal items | Individual Loan
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| the way that banks generate profit | Lending Money
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Or sort by any of the columns using the down arrow next to any column heading.
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Created by:
Psycho C
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