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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| Account Balanace | The amount of money in a financial repository, such as a checking account, at any given moment.
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| Budget | An estimate of income and expenditure for a set period of time.
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| Checking Account | An account at a bank against which checks can be drawn by the account depositor.
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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.
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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 | Recommend (a product) in an advertisement
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| Expense | 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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| Finacial Literacy | The possession of knowledge and understanding of financial matters.
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| Finacial Sercurity | A security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized into debt securities...
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| Fixed Expense | Costs of owning and operating a property that are not discretionary and, except for occasional increases, do not change...
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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 | An extension of credit from a lending institution when an account reaches zero.
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| Memo | A written message, esp. in business; a memorandum.
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| Needs | Cannot avoid or help doing something
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| Non-suffient funds | Non-sufficient funds (NSF) is a term used in the banking industry to indicate that a demand for payment (a check) cannot be honored...
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| Online banking | Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website operated by their retail
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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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| ATM | Automatic teller machine.
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| Savings | An economy of or reduction in money, time, or another resource.
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| Variable Expenses | Variable costs are expenses that change in proportion to the activity of a business.
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| Wants | Have a desire to possess or do (something); wish for
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| Withdrawal | An act of taking money out of an account.
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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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