Banking & Investment Terms

Front

Which would you use to get cash from your bank account? Phone, Computer, ATM

Back

ATM

Front

What term describes the interest rate for a loan?

Back

APR

Front

Which account would you use to pay your monthly bills? Options: Savings Account, 401(k), IRA, Checking Account

Back

Checking Account

Front

James Maxwell said this "is telling your money where to go, instead of wondering where it went." What do you think he was talking about?

Back

Budget

Front

Which is a way for a company to pay a portion of its profit to shareholders? (Shareholders are also called Stock Owners) Options: Credit, Dividend, Interest, 401(k)

Back

Dividend

Front

What is an overdraft?

Back

When you don't have enough money in your account, but the bank pays anyway

Front

Which term describes the next best thing you could do with your time or money after you choose to do or buy one thing instead of another?

Back

Opportunity Cost

Front

What is Net Income?

Back

The amount of your paycheck AFTER taxes and deductions

Front

Which of these is an investment that gives you part ownership of a company? Principal, Rate of Return, Stock, Real Estate

Back

Stock

Front

Would you prefer a higher Rate of Return on an investment or a lower Rate of Return? (Assuming you want your money to grow)

Back

Higher