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banking
banking term
Term | Definition |
---|---|
fee | money charged for a service |
saving account | money that earns interest in a bank |
budget | a plan for spending money |
ATM | a card that allow you to use an ATM |
minimum balance | the smallest amount of money a person can keep in a bank account without having to pay a fee |
interest | money that a bank pays you for keeping your money in the bank |
check register | A BOOKLET IN A CHECK BOOK TO KEEP TRACK OF CHECK AND DEPOSIT |
credit card | a card that allow a person to buy something now and pay for it later |
balance | the amount of money after the withdrawals are subtracted from the deposit |
safe deposit box | A SECURE BOX AT THE BANK KEEPING SPECIAL ITMES |
deposit slip | a slip of paper you fill out to show how much money you are putting into a bank account |
withdrawal slip | a slip of paper you fill out to show how much money you are taking out of a bank account |
PIN | a code that lets yours ATM card work |
withdrawal | money taken out of a bank account |
deposit | money put into a bank account |