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 | electronic banking outlet, which allows customers to complete basic transactions without the aid of a branch representative or teller.
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Account Balance | A balance of payments (BOP) sheet is an accounting record of all monetary transactions between a country and the rest of the world
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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
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 | Member-owned financial co-operative. These institutions are created and operated by its members and profits are shared amongst the owners.
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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 | The action of deposing someone, esp. a monarch.
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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 | 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 federal agency that insures deposits in member banks and thrifts up to $100000.
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Fees | A payment made for professional advice or services
A payment made for professional advice or services.
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Financial Literacy | Financial literacy is the ability to understand finance
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Financial Security | A security is a fungible, negotiable instrument representing financial value
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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
Money received, esp. on a regular basis, for work or through investments
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Intrest | The state of wanting to know or learn about something or someone: "many people lose interest in history".
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Loan Overdraft | Loan arrangement under which a bank extends credit up to a maximum amount
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Memo | A written message, esp. in business; a memorandum.
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Needs | Cannot avoid or help doing something: "they must needs depart".
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Non-Sufficient 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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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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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:
Jpeay
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