Banking 101 Vocabulary

Banking 101 Vocabulary

Assessment

Flashcard

Mathematics

12th Grade

Hard

CCSS
RI.9-10.4, L.11-12.4C, RI.11-12.3

+12

Standards-aligned

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

What is an ATM?

Back

An ATM (Automated Teller Machine) is a machine that allows you to access funds from your bank account, even when the bank is closed.

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

2.

FLASHCARD QUESTION

Front

What is a debit card?

Back

A debit card is a plastic card that withdraws money directly from your checking account, also known as a check card.

3.

FLASHCARD QUESTION

Front

What is online banking?

Back

Online banking is an online tool for managing your bank account, allowing you to transfer funds, check balances, and complete customer service requests.

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

4.

FLASHCARD QUESTION

Front

What is a bank balance?

Back

The bank balance is the amount of money currently available in your bank account.

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

5.

FLASHCARD QUESTION

Front

What is a debit transaction?

Back

A debit transaction is any transaction that removes money from your bank account.

6.

FLASHCARD QUESTION

Front

What is a credit transaction?

Back

A credit transaction is any transaction that adds money to your bank account.

7.

FLASHCARD QUESTION

Front

What is a checking account?

Back

A checking account is a type of bank account that allows for numerous withdrawals and deposits, and is often used for daily transactions.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

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