Financial Terms Flashcards

Front

A document summarizing a customer's financial transactions over a specific period.

Back

Account statement

Front

To support or endorse a financial instrument.

Back

Back (v)

Front

A piece of paper currency issued by a government or central bank.

Back

Banknote

Front

A piece of paper currency, often used interchangeably with 'banknote.'

Back

Bill

Front

Physical money, including banknotes and coins.

Back

Cash

Front

A deposit account that allows customers to make withdrawals and deposits.

Back

Checking account

Front

A piece of metal used as money.

Back

Coin

Front

A raw material or agricultural product that can be bought and sold.

Back

Commodity

Front

The money used in a country.

Back

Currency

Front

A type of currency that exists electronically.

Back

Digital currency