Introduction to Depository Institutions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Automated Teller Machine (ATM) | Machine that lets somebody complete transactions from the machine without the help of another human
🗑
|
||||
| Checking Account | Account that has quick access to funds and is used for transactions
🗑
|
||||
| Commercial Bank | For-profit depository business that gives financial help to consumers and other businesses
🗑
|
||||
| Contactless Payment | Payment transactions that can be made using no physical connection with a payment device and the physical POS (point of sale) terminal or store clerk
🗑
|
||||
| Credit Union | Depository institution that offer banking services and they are owned by customers
🗑
|
||||
| Debit Card | Plastic card that's electronically connected to the card owner's depository account
🗑
|
||||
| Depository Institution | Businesses that give financial services
🗑
|
||||
| Interest | Price you pay for using somebody else's money
🗑
|
||||
| Interest Rate | Percentage rate used to calculate the interest owed
🗑
|
||||
| Mobile Banking | Apps that many depository institutions have created, allowing online banking from electronic devices
🗑
|
||||
| Online Banking | Allows the customers to transactions from a secured Internet website by using username/password from anywhere in the world by using Internet access
🗑
|
||||
| Savings Account | Account at a depository institution, designed for holding money not to be spent on anything current
🗑
|
||||
| Savings Tool | Accounts offered at depository institutions, main purpose is helping people manage their money
🗑
|
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.
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.
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.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
kalyncaudle
Popular Finance sets