Davis- Money and Banking

Flashcard
•
English
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is insurance?
Back
An arrangement in which you pay money each year to get financial help if anything bad happens to you, such as an illness or accident.
2.
FLASHCARD QUESTION
Front
What is an Automated Teller Machine (ATM)?
Back
A special machine through which you can do bank transactions, such as withdrawing cash or checking your balance.
3.
FLASHCARD QUESTION
Front
What is a bargain?
Back
A thing bought for less than the usual price.
4.
FLASHCARD QUESTION
Front
What is currency?
Back
The coins and paper bills used as money in a society.
5.
FLASHCARD QUESTION
Front
What is a mortgage?
Back
An arrangement by which people borrow money from a bank to buy a house and pay back the money over a period of years.
6.
FLASHCARD QUESTION
Front
What is a refund?
Back
Money that is returned to a buyer when they return a product or cancel a service.
7.
FLASHCARD QUESTION
Front
What is a cash dispenser?
Back
A machine that dispenses cash to customers, often found at banks or ATMs.
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