Banking Vocabulary
Help!
|
|
||||
|---|---|---|---|---|---|
| show | A popular savings rule of thumb, 50% goes to necessities, 20% goes to saving and debt payment, and 30% goes to flexible spending.
🗑
|
||||
| Check Register | show 🗑
|
||||
| Compound Interest | show 🗑
|
||||
| show | A sum of money deposited INTO an account.
🗑
|
||||
| Credit Card | show 🗑
|
||||
| Debit | show 🗑
|
||||
| show | A card that is directly connected to your checking account; enables you to conduct ATM transactions and make purchases.
🗑
|
||||
| show | Money you put into your account.
🗑
|
||||
| show | A form you fill out to credit money to your account when you make a deposit.
🗑
|
||||
| Direct Deposit | show 🗑
|
||||
| show | Money set aside for unanticipated expenses or loss of income.
🗑
|
||||
| Endorse | show 🗑
|
||||
| show | (Federal Deposit Insurance Corporation) Protects the deposits of customers against loss up to $250,000 per account.
🗑
|
||||
| FOMO | show 🗑
|
||||
| show | The buying of goods without planning to do so in advance; a result of a sudden whim or urge.
🗑
|
||||
| Inflation | show 🗑
|
||||
| Interest | show 🗑
|
||||
| Living Paycheck to Paycheck | show 🗑
|
||||
| show | A monthly fee that some banks charge to provide access to checking or savings accounts.
🗑
|
||||
| show | A certain amount of money that must be kept in an account as required by that particular financial institution.
🗑
|
||||
| show | Inflation caused by growth in the economy's money supply.
🗑
|
||||
| show | A type of savings account that may allow debit card and check writing privileges.
🗑
|
||||
| Money Order | show 🗑
|
||||
| Online Bill Pay | show 🗑
|
||||
| Outstanding Check | show 🗑
|
||||
| Overdraft Fee | show 🗑
|
||||
| Pay Yourself First | show 🗑
|
||||
| PIN | show 🗑
|
||||
| show | To write a future date on a check.
🗑
|
||||
| show | Original amount of money saved or invested, separate from interest or earings.
🗑
|
||||
| Purchasing Power | show 🗑
|
||||
| show | To compare your bank's monthly account statement with your own records of activity for the same account.
🗑
|
||||
| show | A popular trick to find out how many years it will take your money to double depending on what interest rate you're receiving.
🗑
|
||||
| Simple Interest | show 🗑
|
||||
| Transaction Fee | show 🗑
|
||||
| show | A check used to buy goods or services or be exchanged for cash when traveling for greater security.
🗑
|
||||
| show | A check with "VOID" written across it so that it can no longer be used.
🗑
|
||||
| Wire Transfer | show 🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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
Normal Size Small Size show me how
Created by:
ksmith3436
Popular Finance sets