budget and banking Test
Enter the letter for the matching Definition
| A.
A sum of money placed or kept in a bank account, usually to gain interest.
B. computerized electronic machine that performs basic banking functions (as handling check deposits or issuing cash withdrawals)C. Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits.D. The electronic transfer of a payment directly from the account of the payer to the recipient's account.E.
A security is a fungible, negotiable instrument representing financial value
F. Variable costs are expenses that change in proportion to the activity of a businessG. 1.A payment made for professional advice or services.H. The amount of money in a financial repository, such as a checking account, at any given moment.I. A written message, esp. in business; a memorandumJ. Costs of owning and operating a property that are not discretionary and, except for occasional increases,K. process used to compare two sets of records to ensure the figures are in agreement and are accurateL.
A nonprofit financial cooperative offering deposit accounts, low-interest loans, etc.
M. A term used to indicate when an item such as a checkN. Tax levied directly on personal income.O.
The cost required for something; the money spent on something.
P.
An estimate of income and expenditure for a set period of time.
Q. allows customers to conduct financial transactions on a secure website operated by their retail or...R. arrangement under which a bank extends credit up to a maximum amounS. Have a desire to possess or doT. 2.An act of taking money out of an account. |
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