Banking Vocab

Banking Vocab

Assessment

Flashcard

Other

9th - 11th Grade

Hard

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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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