Definition 1
A record of your personal financial transactions
A. online bank
B. credit report
C. bank
D. savings
B. Credit Report
A specialized computer that allows you to complete bank transactions
A. Credit Report
B. PIN
C. ATM
D.Online Bank
ATM
Gas, food and entertainment are examples of this
A. Debt
B. Bank
C. Budget
D. Variable Expense
D. Variable Expense
Someone uses your name, Social Security number, or other personal information without your permission.
A. Varaible Expense
B. Budget
C. Pay yourself first
D. Identity Theft
Identity Theft
An institution that deals in money and its substitutes and provides other money-related services.
A. Budget
B. Credit Card
C. Loan
D. Bank
D. Bank
A system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mob
A. online bank
B. credit report
C. bank
D. savings
A. online bank
An individual’s total earning throughout a given period before any deductions are made
a. gross pay
b. grant
c. income
d. net pay
a. gross pay
Defintion: Debt
Money owed
The ability to buy goods or services now but pay later
A. Debit
B. Credit
C. Expense
D. Budget
B. Credit
An estimation of income and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis.
A. Variable Expense
B. Fixed Expense
C. Budget
D. Income
C. Budget
What does PIN stand for?
Personal Identification Number
An expense, such as rent, that stays the same from month to month
A. Budget
B. Fixed Expense
C. Interest
D. Credit Card
Fixed Expense
Issued by a bank or financial services company that allows customers to borrow funds with which to pay for goods and services with merchants that accept cards for payment
A. Credit Card C.Grant
B. Gross Pay D. Loan
A. Credit Card
Setting aside a portion of current income for future use
A. Expense
B. Income
C. Savings
D. Credit
C. Savings
Setting aside money for savings prior to paying monthly expenses.
A. Pay yourself first
B. Savings
C. Budget
D. Online Bank
A. Pay yourself first
Money Owed
A. loan
B.grant
C. debt
D. debit card
debt
A fixed amount of money is borrowed from a financial institution for a specified period. The borrower repays it in regular installments over the agreed upon term, which may include both principal and interest.
A. Loan B. Grant C. Online bank D. Gross Pay
A. Loan
A payment card that deducts money directly from a consumer's checking account when it is used.
A. CREDIT CARD
B. DEBIT CARD
C. BUDGET CARD
D. LOAN CARD
Debit Card
Payment for the use of money, a fee paid to use someone else's money, or money earned from allowing someone to use your money
Interest
A payment card that deducts money directly from a consumer's checking account when it is used.
A. CREDIT CARD
B. DEBIT CARD
C.LOAN CARD
D. BUDGET CARD
B. DEBIT CARD
Issued by a bank or financial services company that allows customers to borrow funds with which to pay for goods and services with merchants that accept cards for payment
Credit Card
A standardized measurement of the potential for a borrower to repay debt
Credit Score
An amount of money that the government or other institution gives to an individual usually based on financial need (and does not have to be paid back).
A. Loan C. Variable Expense
B. Grant D. Budget
B. Grant
Define Income
Money received, especially on a regular basis, for work or through investments
What is a credit report
a record of all your financial transactions