Banking Terms

Banking Terms

Assessment

Flashcard

Business

University

Practice Problem

Medium

Created by

Madeleynne Rosas

Used 2+ times

FREE Resource

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5 questions

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1.

FLASHCARD QUESTION

Front

Bank

Back

A financial institution that accepts deposits from the public and creates credit.

2.

FLASHCARD QUESTION

Front

Account

Back

An arrangement with a bank to hold and manage money.

3.

FLASHCARD QUESTION

Front

Saving account

Back

A bank account that earns interest on the deposited money.

4.

FLASHCARD QUESTION

Front

Bank account

Back

An account maintained by a financial institution for a customer.

5.

FLASHCARD QUESTION

Front

Checking Account

Back

A type of bank account designed for everyday transactions

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