"B"anking
Picture This!
One or the Other
This AND That
Too Personal
100

Someone in debt is said to be operating in the Red. Someone who is not in debt is said to be operating the the...

Black

100

This is the term for a refund.


Redress

100

This is a type of card that can be used to make purchases.

Debit or Credit

100

As consumers, we have rights AND these.

Responsibilities

100

This is the person that loans you money.

Lender

200

If you do not have enough money in your account, your check will do this.

Bounce

200

The initial deposit amount that interest is earned.


Principal

200

This is income that is left over after bills that can be used however one choses.

Disposable or Discretionary

200

Most people have two types of accounts at the bank. A savings account AND this.

Checking Account

200

This is permission for a person to pay for goods later that they buy today.

Credit

300

This is the term used for the person asking for a loan.

Borrower

300

An interest-bearing certificate of agreement.


Bond

300

This is when you can take money out of your CD, or this can happen if you deduct too soon.

Maturity or Penalty

300

If you have a budget deficit, you should find ways to make more money AND try to cut this.

Spending

300

A person may overspend due to emotions, known as this.

Impulse Buying

400

This is a plan for making and spending money.

Budget

400

Promise to repair an item in a timely manner.


Warranty

400

When shopping, you have a choice to buy 2 types of goods, one type being much cheaper than the other.

Name Brand or Generic

400

Once approved for a loan, Lenders may ask you for collateral AND this; some money up front.

Down Payment

400

This is a score that tells the bank how likely a person is to pay back a loan.

Credit Rating

500

Money left over after subtracting expenses.

Balance

500

Property or item to back your loan.

 

Collateral

500

After analyzing your income and expenses, you need to decide if you ended up with one of these THREE types of budgets.

Deficit, Surplus, or Balanced

500

Sometimes companies sell part of their shares AND invest in other companies called this.

Mutual Funds

500

Some people buy this in a company which makes them part-owner and personally involved.

Stock