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 | automated-teller machine
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| Account Balance | 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.
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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 | The action of deposing someone, esp. a monarch
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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.
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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 | Money paid as part of a special transaction
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| Financial Literacy | Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills and knowledge.
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| Financial Security | 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 | money you earn on an investment.
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| Loan Overdraft | Loan arrangement under which a bank extends credit up to a maximum amount (called overdraft limit) against which a current (checking).
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| Memo | A written message
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| Needs | Cannot avoid or help doing something
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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 because the availablity.
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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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| Savings | The money one has saved.
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| Variable Expenses | costs are expenses that change in proportion to an activity of a business.
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| Wants | A lack or deficiency of something.
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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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Created by:
desburruss
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