FL 1
A retirement plan offered by some employers that allows employees to save and invest in their retirement
What is 401k?
the ability for someone to borrow money and pay it back at a later date
What is Credit?
items withheld from a persons pay
What is Deductions?
Loans to a company or government that pay a fixed rate of interest to the lender over time
What is Bonds?
a plastic or digital card that allows people to make purchases on credit
What is A Credit Card?
the placement of money into a checking or savings account
What is A Deposit?
a machine that allows people to complete basic transactions
What is an ATM?
the amount of money owed to a credit card company
What is Credit Card Balance?
ab electronic payment directly to an employees account by an employer
What is A Direct Deposit?
a book of blank checks
What is an Checkbook?
a number assigned to a person based on factors such as their ability to make payments and the amount of money they owe
What is A Credit Score?
a transaction that that was unauthorized by an account holder
What is a Fraudulent Transaction?
a bank account that allows deposits and withdrawals
What is A Checking Account?
a plastic or digital card that deducts money directly from a checking account to make purchases
What is a Debit Card?
full amount of pay received before withholdings and deductions
What is Gross Pay?