_Banking Word Scramble
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Term | Definition |
ATM | Automated Teller machine |
Acount Balance | Amount of money in your account |
Budget | Income in an estimated period of time. |
Checking Acount | An account that you can take money out by writting checks. |
Credit Union | A nonprofit financial cooperative offering deposit accounts, low-interest loans. |
Debit card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase. |
Deposit | Putting in money in an account. |
Direct Deposit | Straight from the payer to the payee's account. |
Endorse | Declare one's public approval or support of. |
Expense | Cost of something(s) |
FDIC | Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits. |
Fees | Extra money on a bill. |
Finance Literacy | Terms of finance and money |
Financial Security | State of being in good financial standing. |
Fixed Expense | An expense with constant same price. |
Income | Money taking in. |
Interest | Money made |
Loan Overdraft | Taking out more than what you had. |
Memo | Short statement explaining a reason. |
Non-sufficiant Funds | Bounced or bad check. |
Online Banking | Banking on the internet |
Payee | Being payed |
Payer | Paying |
Reconcile | Restore friendly relations between |
Savings | What you have kept and added up over time. |
Variable Expenses | Variable costs are expenses that change in proportion to the activity of a business. |
Wants | Have a desire to possess or do |
Withdrawl | To take out |
Created by:
Alissa615
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