Banking terms

An extra charge assessed for a service.

• Savings Account

• Checking Account

• Service Charge

• PIN Number

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

To put money into your account

• Account Balance

• Deposit

• Penalty

• Account Balance

A written form used to pay for purchases from your checking account. It must include date, amount, and your signature.

• Check

• CD(Certificate of Deposit)

• Debit Card

• Penalty

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

To take money out of the account.

• Withdraw

• Deposit

• Personal Loan

• Account Balance

Money borrowed from a bank that you pay in fixed monthly payments or installments.

• Money Market Account

• Investment Banking

• Personal Loan

• CD

Occurs when money is withdrawn from a bank account and the available balance goes below zero. Transaction is completed, usually with a fee.

• Penalty

• Overdraft

• Insufficient Funds

• CD

Tags

CCSS.6.NS.C.7C

monthly report that states your transactions and balance

• WALL STREET JOURNAL
• BANK STATEMENT
• SCHOOL STAEMENT
• CHECKING REPORT

a card you use to withdraw money at an ATM or to pay at a store

• CREDIT CARD
• CHECK
• DEBIT CARD/ATM CARD
• ID CARD

the amount of money in your account

• DEPOSIT
• BENJAMINS
• BALANCE
• DOLLARS

to put money $$ in the bank

• WITHDRAWAL
• DEPOSIT
• INVEST
• WRITE A CHECK