Banking Vocabulary
This is the money that the banks pay to save money there.
What is interest?
Banks make these with the money that they receive.
What are loans?
These are written orders that are endorsed and can be ordered in the mail.
What are checks?
These are expressions, or collections of terms with equal signs or greater/less than (or equal to) symbols whose goal is to get the variables alone by doing the opposite operations on both sides of the term collections.
What are equations and inequalities?
This is a special set of ordered pairs with one y-value per x-value, which can be evaluated by replacing the unknowns of the independent variable with the numbers that represent the dependent variable.
What is a function?
This is the amount of money in a savings or checking account.
What is a balance?
Banks issue these which allows its members to buy things now in order to pay for them later.
What are credit cards?
These are written orders that can be bought at the store and sent in the mail after filling out the form.
What are money orders?
This is one way to simplify, or break down collections of terms with like terms and no equal signs or inequality symbols.
What is combining like terms?
This is the y-intercept in the linear function f(x) = 3x+5.
What is 5?
This type of account pays interest without your having to write any checks.
What is a savings account?
Banks allow the depositing of these in order to use checking accounts to pay bills on time.
What are funds?
These can be used in grocery stores and other retailers to help you save money when buying products.
What are coupons?
This is a graph that represents the solutions for an expression, or a collection of terms with an equal sign or inequality symbol.
What is a number line?
Taking the Greatest Common Factor and then putting everything back inside of the Parentheses is the simplest way to solve these collections of terms whose highest degree is two as long as they can be factored.
What are quadratics?
This type of account pays little to no interest and the people write checks.
What is a checking account?
Banks can help in financing these.
What are cars, homes, and other capital?
You can keep this in your savings account or piggy bank so that you don't have to carry large amounts of it around everywhere you go.
What is cash?
This expression involves a graph in the form of a straight line, e.g. 4x+9=45 and 5x>90.
What are linear equations and inequalities?
This one-to-one function raised to one half of a power has one x-value per y-value and its x-value is inside of the radicand.
What is a square root function?
This is spending more money than you have.
What is an overdraft?
Banks can lower these.
What are transaction costs?
You will be safer using this than a credit card so that you can take out as much money as you need while saving the rest of it at your financial institution.
What is a debit card?
Completing the Square is one way to solve these collections of terms with a degree of two.
What are quadratic equations?
This radical function is raised to one third of a power and its x-value is also inside of the radicand.
What is a cube root function?