Financial Terms Flashcards

Financial Terms Flashcards

Assessment

Flashcard

Business

12th Grade

Practice Problem

Hard

Created by

Mike Barratt

FREE Resource

Student preview

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11 questions

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1.

FLASHCARD QUESTION

Front

money bills

Back

Paper currency used as a medium of exchange.

2.

FLASHCARD QUESTION

Front

money coins

Back

Metal currency used as a medium of exchange.

3.

FLASHCARD QUESTION

Front

check

Back

A written order directing a bank to pay money.

4.

FLASHCARD QUESTION

Front

credit card

Back

A card that allows the holder to borrow funds for purchases.

5.

FLASHCARD QUESTION

Front

debit card

Back

A card that deducts money directly from a checking account.

6.

FLASHCARD QUESTION

Front

chip

Back

A small electronic component embedded in credit/debit cards for security.

7.

FLASHCARD QUESTION

Front

ATM

Back

Automated Teller Machine, used for banking transactions.

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