Banking Basic Vocabulary #1.Flashcard

Front

An extra charge assessed for a service.

Back

Service Charge

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

To put money into your account

Back

Deposit

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

A written form used to pay for purchases from your checking account. It must include date, amount, and your signature.

Back

Check

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

To take money out of the account.

Back

Withdraw

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

Money borrowed from a bank that you pay in fixed monthly payments or installments.

Back

Personal Loan

Front

Occurs when money is withdrawn from a bank account and the available balance goes below zero. Transaction is completed, usually with a fee.

Back

Overdraft

Front

monthly report that states your transactions and balance

Back

BANK STATEMENT

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

a card you use to withdraw money at an ATM or to pay at a store

Back

DEBIT CARD/ATM CARD

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

the amount of money in your account

Back

BALANCE

Tags

CCSS.6.NS.C.5

Front

to put money $$ in the bank

Back

DEPOSIT

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4