Financial Literacy Vocabulary

Money borrowed with the expectation of repayment

• Debit

• Credit

• Interest

• Principal

Amount of money paid from an account

• Loan

• Deposit

• Debit

• Credit

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

The money you pay to borrow money or use credit

• Interest

• Deposit

• Withdrawl

• Loan

The original amount of money deposited or saved

• Debit

• Loan

• Withdrawl

• Principal

Tags

CCSS.HSA.SSE.A.1

When you put money in your bank account

• Deposit

• Check

• Interest

• Withdrawl

Tags

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Takes money from your checking account and sends it to another person

• Credit Card

• Check

• Credit Score

• Savings Account

Tags

CCSS.6.NS.C.5

Payment card you can use to make purchases, then pay a bill at the end of a billing cycle.

• Loan

• Deposit

• Debit Card

• Credit Card

Payment card you can use to make purchases, and the money is deducted from your bank account.

• Loan

• Credit

• Debit Card

• Credit Card

Tags

CCSS.6.NS.C.5

Money you borrow and pay back with interest

• Debit

• Loan

• Principal

• Withdrawl

Tags

CCSS.HSA.SSE.A.1

CCSS.HSA.SSE.B.4

A number that shows lenders your ability to pay back a loan

• Credit Score

• Credit Card

• Debit

• Credit Number