Budget and Banking
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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| ATM | Automatied teller machine
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| Account Balance | The amount of money in an account, equal to the net of credits and debits at that point in time for that account.
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| Budget | An itemized summary of estimated or intended expenditures for a given period along with proposals for financing them
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| Checking Account |
An account at a bank against which checks can be drawn by the account depositor.
An account at a bank against which checks can be drawn by the account depositor
An account at a bank against which checks can be drawn by the account deposito
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| Cleared Check | Movement of a check from the bank in which it was deposited to the bank on which it was drawn, and the movement of its face amount in the opposite direction.
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| Credit Union | A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc.
A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc.
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| Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
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| Deposit | A sum of money placed or kept in a bank account, usually to gain interest.
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| Direct Deposit | The electronic transfer of a payment directly from the account of the payer to the recipient's account.
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| Endorse | Declare one's public approval or support of.
Recommend (a product) in an advertisement
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| Expense |
The cost required for something; the money spent on something.
The cost required for something; the money spent on something.
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| FDIC | Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits
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| Fees | A payment made for professional advice or services
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| Financial Literacy | knowing about money
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| Financial Security | A security is a fungible, negotiable instrument representing financial value.
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| Fixed Expense | Costs of owning and operating a property that are not discretionary and, except for occasional increases,
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| Income | Money received, esp. on a regular basis, for work or through investments.
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| Interest | The state of wanting to know or learn about something or someone: "many people lose interest in history".
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| Loan Overdraft | Loan arrangement under which a bank extends credit up to a maximum amount overdraft limit against which a current checking account customer can write checks or make withdrawals/
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| Memo | A written message, esp. in business; a memorandum.
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| Needs | something you can't live without
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| Non-sufficient funds (NSF) | A term used to indicate when an item such as a check, or other transaction presented for payment is returned unpaid
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| Online Banking | Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website
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| Payee | A person to whom money is paid or is to be paid, esp. the person to whom a check is made payable.
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| Payer | a person who pays money for something.
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| Reconcile | Cause to coexist in harmony; make or show to be compatible.
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| Savings | An economy of or reduction in money, time, or another resource.
The money one has saved, esp. through a bank or official scheme
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| Variable Expenses | Variable expense) Variable costs are expenses that change in proportion to the activity of a business.
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| Wants | something you would like to have but don't need to survive.
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| Withdrawal | An act of taking money out of an account.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Tarah
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