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Banking Vocabulary

Banking Vocabulary

Assessment

Flashcard

Other

5th Grade

Practice Problem

Medium

Created by

Wayground Content

Used 2+ times

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

A bank account from which you can take money by writing checks or using a debit card.

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Back

checking account

2.

FLASHCARD QUESTION

Front

An automatic deposit of a check without having to take a physical check to the bank.

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Back

direct deposit

3.

FLASHCARD QUESTION

Front

To sign the back of a check.

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Back

endorse

4.

FLASHCARD QUESTION

Front

Not enough money in your account to pay for something.

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Back

insufficient funds

5.

FLASHCARD QUESTION

Front

A line of credit or savings to protect from overdraft fees if you have insufficient funds.

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Back

overdraft protection

6.

FLASHCARD QUESTION

Front

Percentage of money borrowed (a loan or credit) that will be added to the total owed and must be paid back.

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Back

interest rate

7.

FLASHCARD QUESTION

Front

A bank account that two or more people share.

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Back

joint account

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