Show:
1
2
3
4
5
100
Money taken out of an account.
What is withdraw
100
using checks or a debit card are two ways money can be withdrawn
What is savings account
100
hen a written check is electronically transferred and funds are immediately withdrawn from the account; similar to a debit card
What is check 21
100
mailed monthly listing each monetary transaction and the current account balance
What is PIN
100
an account in which a depositor sets money aside for future use
What is savings
200
Money put into an account
What is deposit
200
the account usually requires more money than a savings to open
What is money market deposit account
200
card that includes all the important information that a bank needs to provide financial services to a person
What is signature authorization card
200
price a borrower pays a creditor for the use of money over a period of time
What is interest
200
comparing products and prices in different stores before making a purchase
What is comparison shopping
300
The most common type of depository institution
What is commercial bank
300
this account pays the least amount of interest
What is savings account
300
written order directing a bank to pay money as instructed from a particular account
What is check
300
card that automatically deducts money from your checking account when it is used for purchases
What is debit card
300
a plan for spending and saving money based on a person's goals during a given time
What is spending plan
400
a business that offers and sells financial services to people
What is depository insitution
400
you can withdraw money through an unlimited number of transaction each month
What is money market account
400
an account in which checks are written by a depositor directing a bank to pay a certain amount to a specific source
What is checking accoutn
400
An arrangement that allows consumers to buy goods or services now and pay for them later
What is credit
400
money received that is available to spend and save
What is income
500
Money must remain in this tool for a specific period of time.
What is certificate of deposit
500
if the money is withdrawn early, the owner must pay a penalty fee
What is CD
500
financial institution which lends, issues, borrows, and protects money for the general consumer
What is bank
500
automated teller machine; cash machine
What is ATM
500
money that is spent
What is expense