savings vocabulary1
savings vocabulary 2
savings vocabulary 3
checking vocabulary
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100
Putting money aside for future use.
What is saving?
100
This is a printed form supplied by a bank where the customer writes the amount of money to be taken out.
What is a withdrawal slip?
100
This is a person who signs on your credit or loan application and is also responsible for repaying the debt.
What is a co-signer?
100
This is a check that has been processed /paid by the bank.
What is a cancelled check?
100
This is a monthly or yearly spending plan.
What is a budget?
200
putting money into your account is this.
What is a deposit?
200
These are deposits you've made and checks you've written into an account.
What are transactions?
200
This is a specialized computer used by bank customers to manage their money.
What is an automated teller machine (ATM)?
200
This means to sign the back of a check.
What is endorse?
200
This is how much money you have coming in during a given period of time.
What is income?
300
This is when you take money out of your account.
What is a withdrawal?
300
This is the amount of money you have in an account.
What is a balance?
300
This is a secret combination of letters or numbers you use to gain access to an account through an electronic device.
What is a personal identification number (PIN)?
300
This is a card that allows immediate withdrawal of funds from a checking account without writing a check.
What is a debit card?
300
This is the amount of money you have going out during a given period of time.
What are expenses?
400
This is the amount of money paid by a borrower to a lender in exchange for the lender's money.
What is interest?
400
This is a printed form supplied by a bank on which the customer lists the amounts and types of funds to be put into the account.
What is a deposit slip?
400
This is interest that is paid only on the money initially deposited into an account.
What is simple interest?
400
This is the use of a computer to manage finances through an internet connection.
What is online banking?
400
These expenses occur regularly and don't change from month to month.
What are fixed expenses?
500
a bank account that allows a customer to deposit and withdraw money and earn interest on a balance.
What is a savings account?
500
This is a small notepad for the purpose of keeping track of your deposits, withdrawals, and current balance.
What is a savings account register?
500
This is interest paid on and initial deposit as well on interest already earned.
What is compound interest?
500
This is an order for a specific amount of money payable to a specific person/business.
What is a money order?
500
This is money you CHOOSE to spend.
What are discretionary expenses?
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