Next Generation Personal Finance Vocab
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| Balance | show 🗑
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| show | Checks the bank has paid. They will appear on your bank statement.
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| show | A written order to the bank that tells it to take a stated amount of money from your account and pay it to another.
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| Checkbook | show 🗑
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| show | A record that allows you to keep track of checks you have written, ATM/debit card transactions, as well as deposits and withdrawals.
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| Credit | show 🗑
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| Debit | show 🗑
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| show | A plastic card that enables you to do ATM transactions and to make purchases instead of using cash or writing a check.
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| show | Money you put into your account.
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| show | A form you fill out to credit money to your account when you make a deposit.
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| show | Your employer automatically deposits your paycheck into your account.
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| show | To sign the back of a check made out to you so it can be cashed or deposited.
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| show | A fee paid to you for keeping your money in the account or a fee charged to you for a loan or credit card.
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| show | To write a check or make a withdrawal when there isn't enough money in the account to pay for it.
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| Post-date | show 🗑
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| Reconcile | show 🗑
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| show | Automatic Teller Machine. Allows a customer to get out physical currency from their account
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| Voided check | show 🗑
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| show | The monthly record of your account transactions sent to you by your bank.
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| show | Personal Identification Number needed to use an ATM card.
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| Signature card | show 🗑
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| show | The person to whom the check is made payable.
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| show | A check that has been written but not yet deducted from the person's bank account.
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| Outstanding deposit | show 🗑
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| show | A card that allows the holder to make purchases without cash by borrowing money
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| Prepaid card | show 🗑
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| show | An online process that allows you to send money directly from your checking account to a friend via email or cell phone.
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| show | A business that cashes checks, giving the customer cash in exchange for a fee for the service.
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| Bank statement | show 🗑
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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.
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.
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Created by:
Audrey C.