Finance Vocabulary
Authored by Courtney Murdoch
Mathematics
9th - 12th Grade
CCSS covered
Used 9+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A booklet that is used to keep a record of all your checking-related transactions, including checks written and deposits.
Balance
Check Register
Service Charge
Payment/Debit
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The amount of money currently in your checking account.
Check Register
Insufficient Funds
Balance
Minimum Balance
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When you write a check for more money than you have in your account.
Check Register
Insufficient Funds
Balance
Minimum Balance
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The minimum amount of money required in your account. Having an amount less than the minimum balance may result in extra service charges or reduced privileges.
Transaction
Insufficient Funds
Balance
Minimum Balance
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An exchange or transfer of funds; payments and credits within your account are examples of transactions.
Transaction
Insufficient Funds
Balance
Minimum Balance
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Amount of money that is recorded in your check register as an addition to your current balance.
Deposit / Credit
Insufficient Funds
Balance
Minimum Balance
Payment / Debit
Tags
CCSS.6.NS.C.6A
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Expenses that tend to be about the same each month.
Deposit / Credit
Variable Expenses
Balance
Fixed Expenses
Payment / Debit
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