Banking Vocab

Flashcard
•
Other
•
9th - 11th Grade
•
Hard
Wayground Content
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18 questions
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1.
FLASHCARD QUESTION
Front
What is a fee?
Back
A set amount charged for ATM use or writing a check exceeding account balance.
2.
FLASHCARD QUESTION
Front
8 or 9 digit number on a check's bottom left, identifies a banking institution:
Back
Routing Number
3.
FLASHCARD QUESTION
Front
A Certificate of Deposit (CD) is...
Back
Account where money is secured for a set period and earns interest; early withdrawal incurs a penalty.
4.
FLASHCARD QUESTION
Front
Long term loan for real estate purchase...
Back
Mortgage
5.
FLASHCARD QUESTION
Front
Help during bank transactions?
Back
Teller
6.
FLASHCARD QUESTION
Front
Amount given back to you
Back
Credit
7.
FLASHCARD QUESTION
Front
Money earned from an account.
Back
Interest
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