
Financial Literacy Jargon
Authored by Salam Shuhaiber
9th - 12th Grade
Used 1+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The amount of money you have in a bank account:
Cash
Balance
Deposits
Pay Check
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A purchase card that pays for a transaction by deducting the cost directly from your bank account
Gift Card
Credit Card
Interest
Debit Card
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This government agency insures your bank accounts up to $250,000
Federal Deposit Insurance Corporation (FDIC)
Internal Revenue Service (IRS)
H & R Block
Tax Collectors Office
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Not having enough money in a checking account to pay the check (or debit card or other transaction)
Credit
Debit
Insufficient Funds
Balance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The act of putting money in the banl or the sum of the money put into a bank at one time.
CD
Interest
Balance
Deposit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest paid on the principal plus earned interest
Bonus
Compound Interest
Fees
Revenue
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A charge to the customer by the bank for a service such as writing a check or using an ATM machine
Fee
Interest
Direct Deposit
Bonus
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