Money added into a bank account.
What is a deposit?
When you spend more money than you have?
What is debt?
Money taken out of a bank account.
What is a withdrawal?
A check that is returned because of insufficient funds.
What is a bad check/bounced check?
Earnings (money you make) from work or investments.
What is income?
Checks that have been cashed and processed
What are cleared checks?
The amount of money in a checking account.
What is a balance?
You had $125.00 in your savings account and deposited your tax refund check in the amount of $5,500.25 How much money do you now have in your savings account?
What is $5,625.25?
Cards that are based on the promise to pay later that also charge interest.
What are credit cards?
You had $725.12 in your savings account. You went away for the weekend and the hotel cost $850.00. What is your new savings account balance?
What is -$124.88?
A document published by your bank that details all transactions for the month.
What is a bank statement?