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budget and banking
Term | Definition |
---|---|
1. ATM | au·to·mat·ed teller machine |
2. Account Balance | A balance of payments |
3. Budget | Allow or provide for in a budget |
4. Checking Account | An account at a bank against which checks can be drawn by the account depositor. |
5. Cleared Check | Movement of a check from the bank in which it was deposited to the bank on which it was draw |
6. Credit Union | nonprofit financial cooperative offering deposit accounts |
7. Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase. |
8. Deposit | sum of money placed or kept in a bank account, usually to gain interest. |
9. Direct Deposit | he electronic transfer of a payment directly from the account of the payer to the recipient's account. |
10. Endorse | Declare one's public approval or support of |
11. Expense | he cost required for something; the money spent on something |
12. FDIC | Federal Deposit Insurance Corporation |
13. Fees | A payment made for professional advice or services |