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 |
a computerized electronic machine that performs basic banking functions (as handling check deposits or issuing cash withdrawals) —called also automated teller machine, automatic teller, automatic teller machine
2ATM
abbreviation
asynch
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| Account Balance | The amount of money in a financial repository, such as a checking account
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| Budget | An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals. One of ...
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| Checking account | transactional deposit account held at a financial institution that allows for withdrawals and deposits.
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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
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| Credit Union | Financial cooperative created for and by its members who are its depositors, borrowers, and shareholders.
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| Debit Card | An electronic card issued by a bank which allows bank clients access to their account to withdraw cash or pay for goods and services
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| Deposit |
to place for safekeeping or in trust, especially in a bank account
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| Direct Deposit | Electronic funds that are deposited directly into your bank account rather than through a paper check.
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| Endorse |
Endorse is defined as to give your approval to someone or something or to authorize the payment of a document by signing with one's signature. (verb) ...
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| Expense | Money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business
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| FDIC | a federally sponsored corporation that insures accounts in national banks and other qualified institutions.
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| Fees | a sum paid or charged for a privilege: an admission fee
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| Financial Literacy | defines personal financial literacy as "the ability to use knowledge and skills to manage financial
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| Financial Security | is being able to buy what you want on your own terms. Freedom!
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| Fixed Expense | An expense that does not change from time period to time period
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| Income |
Economic wealth that is generated in exchange for an individual's performance of agreed upon activities or through investing capital. I
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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 |
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| Memo |
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| Needs |
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| Non-sufficient funds (NSF) |
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| Online Banking |
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| Payee |
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| Payer |
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| Reconcile |
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| Savings |
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| Variable Expenses |
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| Wants |
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| Withdrawal |
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Created by:
monmiles
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