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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| Checking Account | An account at a bank against which checks can be drawn by the account depositor. |
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| Cleared Check | The movement of a check from the depository institution at which it was deposited back to the institution on which it was written |
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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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| Budget | An estimate of income and expenditure for a set period of time. |
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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 | A payment made for professional advice or services |
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| Financial literacy | Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills |
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| Financial Security | A security is a fungible, negotiable instrument representing financial value. |
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| Fixed Expense | Any expense that does not change from period to period, such as loan payments |
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| Income | Money received, esp. on a regular basis, for work or through investments. |
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| Intrest | The price paid for borrowing money |
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| Loan Overdraft | deficit in a bank account caused by drawing more money than the account holds. |
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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-sufficent 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 Bankimg | 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 | 1.Restore friendly relations between |
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| Savings | 1.An economy of or reduction in money, time, or another resource |
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| Variable Expenses | (Variable expense) 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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| withdrawl | An act of taking money out of an account. |
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| atm | An automated teller |
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| Account Balance | A balance of money |
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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:
Jheard
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