Banking 101 Vocabulary
Flashcard
•
Mathematics
•
12th Grade
•
Hard
+12
Standards-aligned
Wayground Content
FREE Resource
Student preview
15 questions
Show all answers
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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