Personal Financial Literacy - Vocabulary
Flashcard
•
Mathematics
•
6th Grade
•
Practice Problem
•
Medium
+13
Standards-aligned
Wayground Content
Used 1+ times
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a Savings Account?
Back
A bank account in which the money deposited earns interest, allowing for more money in the future than originally deposited.
Tags
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
2.
FLASHCARD QUESTION
Front
What is a Bank?
Back
A business where people deposit and withdraw their money and borrow money.
3.
FLASHCARD QUESTION
Front
What is Available Balance?
Back
The amount of money available in an account for a person, business, or organization to spend.
Tags
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
4.
FLASHCARD QUESTION
Front
What is a Withdrawal?
Back
Money taken OUT of an account.
5.
FLASHCARD QUESTION
Front
What is a Transfer?
Back
Money moved from one account to another account.
6.
FLASHCARD QUESTION
Front
What is a Deposit?
Back
Money added INTO an account.
Tags
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
7.
FLASHCARD QUESTION
Front
What is Interest?
Back
The money earned on a savings account or paid on a loan, usually expressed as a percentage.
Tags
CCSS.7.RP.A.3
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