Save
Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
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

budget and banking

TermDefinition
ATM a machine where you can deposit or withdrawl your earings.
Account Balance The amount of money in a financial repository
Budget an estimate, often itemized, of expected income and expense for a given period in the future.
Checking Account a bank deposit against which checks can be drawn by the depositor.
Cleared Check Movement of a check from the bank in which it was deposited to the bank on which it was drawn, and the movement of its face amount in the opposite direction
Credit Union a cooperative group that makes loans to its members at low rates of interest.
Debit Card a plastic card that resembles a credit card but functions like a check and through which payments for purchases or services are made electronically to the bank accounts of participating retailing establishments directly from those of card holders.
Deposit to place for safekeeping or in trust, especially in a bank account
Direct Deposit a method of payment in which money is transferred to the payee's account without the use of checks or cash
Endorse to write on the back of; especially: to sign one's name as payee on the back of (a check) in order to obtain the cash or credit represented on the face
Expense the act or an instance of expending
FDIC Federal Deposit Insurance Corporation
Fees an estate in land held in feudal law from a lord on condition of homage and service
Financial Literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it
Financial Security A security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized into debt securities.
Income The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as profit from financial investments
Interest A state of curiosity or concern about or attention to something
Loan Overdraft Instead of bouncing checks and paying large fees, you can borrow a few bucks and pay interest. When you spend all of the money in your checking account, you start borrowing against your overdraft line of credit. This page covers how overdraft lines of cre
Memo memorandum.
Needs of necessity; necessarily
Non sufficient funds(NSF) Non-sufficient funds (NSF) is a term used in the banking industry to indicate that a demand for payment (a check) cannot be honored
online banking Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website operated by their retail or...
Payee A person to whom money is paid or is to be paid, esp. the person to whom a check is made payable.
payer a person who pays money for something
Reconcile Cause to coexist in harmony; make or show to be compatible.
savings An economy of or reduction in money, time, or another resource.
variable expenses Variable costs are expenses that change in proportion to the activity of a business
Wants Have a desire to possess or do (something); wish for Have a desire to possess or do (something); wish for. Have a desire to possess or do (something); wish for.
withdrawl An act of taking money out of an account.
Created by: chelseymarie
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards