Financial Literacy Vocabulary- JA Biztown

Which of the following are financial institutions? Choose all that apply.

• bank

• library

• credit union

• museum

A direct deposit is when you take your paycheck directly to the bank after you receive it.

• True

• False

A machine that allows bank customers to deposit or withdraw money without visiting their bank.

• ATM

• Check

• Loan

• Safe deposit box

A card that allows the holder to buy goods and services by taking out a bank loan.

• Checking account

• Credit card

• Debit card

• Savings account

A check that is written for more than the amount of money in a checking account.

• Deposit ticket

• Credit card

• Bounced check

• Paycheck

To write a signature on the back of a check.

• Endorse

• Income

• Accrue

• Interest

Putting money into an account.

• deposit

• withdrawal

Tags

CCSS.6.NS.C.5

Removing money from an account.

• deposit

• withdrawal

Tags

CCSS.6.NS.B.3

The money people earn for their work.

• income

• endorse

• accrue

• interest

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

A card that is purchased for a certain amount and then used like cash.

• credit card

• debit card

• gift card