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!
|
|
||||
|---|---|---|---|---|---|
| ATM | automates teller machine
🗑
|
||||
| Account Balance | The amount of money in a financial repository, such as a checking account, at any given moment
🗑
|
||||
| Budget | An estimate of income and expenditure for a set period of time
🗑
|
||||
| Checking Account | An account at a bank against which checks can be drawn by the account depositor
🗑
|
||||
| Cleared Check | the bank in which the check was deposited mailing the check to the issuing bank
🗑
|
||||
| Credit Union | A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc
🗑
|
||||
| Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase
🗑
|
||||
| Deposit | A sum of money placed or kept in a bank account, usually to gain interest
🗑
|
||||
| Direct Deposit | The electronic transfer of a payment directly from the account of the payer to the recipient's account
🗑
|
||||
| Endorse | to write on the back of; especially : to sign one's name as payee
🗑
|
||||
| Expense | The cost required for something; the money spent on something
🗑
|
||||
| FDIC | Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits
🗑
|
||||
| Fees | Money paid as part of a special transaction, e.g., for a privilege or for admission to something
🗑
|
||||
| Financial Literacy | the ability to understand finance
🗑
|
||||
| Financial Security | A security is a fungible, negotiable instrument representing financial value
🗑
|
||||
| Fixed Expense | Costs of owning and operating a property that are not discretionary and, except for occasional increases, do not change
🗑
|
||||
| Income | Money received, esp. on a regular basis, for work or through investments
🗑
|
||||
| Interest | An excess or bonus beyond what is expected or due
🗑
|
||||
| Loan Overdraft | limit on borrowing on a bank current account
🗑
|
||||
| Memo | A written message, esp. in business; a memorandum
🗑
|
||||
| Needs | Cannot avoid or help doing something
🗑
|
||||
| Non-sufficient funds (NSF) | indicate that a demand for payment (a check) cannot be honored
🗑
|
||||
| Online Banking | allows customers to conduct financial transactions on a secure website
🗑
|
||||
| Payee | the person to whom a check, money order, etc., is made out
🗑
|
||||
| Payer | a person who pays money for something
🗑
|
||||
| Reconcile | process used to compare two sets of records to ensure the figures are in agreement and are accurate
🗑
|
||||
| Savings | The money one has saved, esp. through a bank or official scheme
🗑
|
||||
| Variable Expenses | change in proportion to the activity of a business
🗑
|
||||
| Wants | Have a desire to possess or do
🗑
|
||||
| Withdrawal | An act of taking money out of an account.
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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.
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.
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
Normal Size Small Size show me how
Created by:
abaker124
Popular Finance sets