FL1
what is the term used for the placement of money into a checking or saving account
deposit
the ability for someone to borrow money and pay it back at a later date is called
credit
the action to take out money out of an account is called
withdraw
what is the correct term for a book of blank checks
checkbooks
the amount of money owed to a credit card company is called
credit card balance
the recurring schedule that determines how frequently a person is paid is called
pay period
a retirement plan offered by some employers that allows employees to save and invest in their retirement is called
a 401(k)
a charge incurred for borrowing money, usually as a percentage of the money owed is called
interest
the amount of pay remaining after deductions from a person's gross pay is called
gross pay
what is the correct term for an electronic payment directly to an employee's account by an employer
direct deposit
a transaction that was unauthorized by an account holder is called a
fraudulent transaction
a check or payment for a salary or wages is called a
paycheck
what is the correct term for a full amount of pay received before witholdings and deducation
gross pay
what is the term used for loans to a company or government that pay a fixed rate of interest to the lender over time
bonds
the action of an account transaction that has been fully processed is called
posted transaction