Checking Account
The amount of money in an account
What is balance?
An item owned that has value
What is an asset
The total dollar amount a buyer pays to use credit
What is finance charge
A machine that performs banking transactions
What is an Automated Teller Machine (ATM)
Money put into an account
What is a deposit
The value of personal items owned
What is capital
Not changing
What is fixed
Unique pass code number to use your debit card
What is Personal Identification Number (PIN)
A log to keep track of checking account transactions
What is a check register
Money owed
What is debt
The amount paid to a lender for borrowing money
What is interest1
Amount of pay left after deductions
What is net pay
Money taken from an account
What is a withdrawal
Your financial report card
What is credit report
A loan to buy a house
What is a mortgage
Subject to change
What is variable
a card that takes money directly from a bank account
What is a debit card
What you have of value minus what you owe
What is net worth
The starting amount of an investment
What is principal
A withdrawal from a bank account that exceeds the balance
What is overdraft