Financial Literacy Vocab

a thin, plastic card used to purchase goods or services; the money is deducted immediately from your account  

• debt
• debit card
• credit card
• ATM

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.8.4

a written record of checks, debits, fees, withdrawals, and deposits for a checking account; it keeps track of money going in and out of a checking account  

• check register
• transaction
• debit card
• overdraft protection

Tags

CCSS.6.NS.C.7A

CCSS.6.NS.C.7B

a fee that financial institutions charge for withdrawing money at an Automatic Teller Machine

• overdraft fee
• insufficient funds
• ATM Surcharge
• late fee

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

money owed

• balance
• overdraft fee
• loan
• debt

Tags

CCSS.7.NS.A.1A

a fee charged by the financial institution for making a purchase in which there is not enough money in your checking account to cover the payment; typically between $20 - $30

• late fee
• ATM Surcharge
• insufficient funds
• overdraft fee

Tags

CCSS.7.RP.A.3

money added to an account  

• withdrawal
• deposit
• loan
• transaction

Tags

CCSS.6.NS.B.3

the total amount of money in your account; the amount of money owed on a credit card

• deposit
• transfer
• debt
• balance

Tags

CCSS.7.NS.A.1B

not having enough money in a checking account to make a payment or withdraw money  

• insufficient funds
• overdraft protection
• overdraft fee
• transfer

Tags

CCSS.7.EE.B.3

a type of transaction that occurs when money is moved between accounts  

• deposit
• withdrawal
• balance
• transfer

Tags

CCSS.6.NS.C.5

any movement or exchange of money, such as a deposit, a withdrawal, or a transfer

• transaction
• debt
• check register
• ATM Surcharge

Tags

CCSS.7.NS.A.1A