Checking Account
The amount of money in an account
What is balance?
a day on which someone is paid or expects to be paid their wages
What is payday
A loan to buy a car
What is an auto loan
A machine that performs banking transactions
What is an Automated Teller Machine (ATM)
Money put into an account
What is a deposit
what employees earn before taxes, benefits and other payroll deductions are withheld from their wages
what is gross income
Money owed
What is debt
Unique pass code number to use your debit card
What is Personal Identification Number (PIN)
Funds automatically deposited into your account
What is direct deposit
mandatory payment or charge collected by a government from taxpayers to cover the costs of government services
What are taxes
The amount lenders charge borrowers and is a percentage of the principal
What is interest rate
a person employed to deal with customers' transactions in a bank
What is a teller?
Money taken from an account
What is a withdrawal
The amount of income you earn in one year before deduction
What is annual income
A loan to buy a house
What is a mortgage
A financial institution licensed to receive deposits and make loans
What is a bank
a card that takes money directly from a bank account
What is a debit card
Amount of pay left after deductions
What is net pay
Your financial report card
What is credit report
A withdrawal from a bank account that exceeds the balance
What is overdraft