Budget 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 | cash dispenser
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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 itemized allotment of funds, time, etc., for a given period.
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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 | It means the check was cashed or deposited
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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
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 | To write one's signature on the back of a check,
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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 | 2.Money paid as part of a special transaction, e.g., for a privilege or for admission to something.
A payment made for professional advice or services
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| Financial Literacy | the ability to understand finance
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| Financial Security | Freedom from risk or danger; safety for your money
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| Fixed Expense | A cost that does not change with an increase or decrease in the amount of goods or services produced
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| Income | Money received, esp. on a regular basis, for work or through investments.
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| Interest | The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
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| Loan Overdraft | The amount by which withdrawals exceed deposits
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| Memo | A written message, esp. in business; a memorandum
A written message, esp. in business; a memorandum.
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| Needs | Something required
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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 | 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 | An accounting process used to compare two sets of records to ensure the figures are in agreement and are accurate
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| Savings | 2.The money one has saved, esp. through a bank or official scheme
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| Variable Expenses | 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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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.
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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.
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Created by:
acarter13
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