Personal Finance Vocabulary

The meaning of checking account

• a practice of money saving or arrangement

• An account at a bank against which checks can be drawn by the account depositor

• an employee that gets paid every 2 weeks

• money that you take home

The meaning of debit card

• someone of receives money through card and transfer through a bank

• a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase

• a bank that transfer money through your email

• a bank that works for the employee's and gives money with paper

The meaning of overdraft

• an hourly bank that doesn't pay back your money

• a bank that sells you money through card or cash

• When the bank has to pay back the money that you put in your bank account

• occurs when you don't have enough money in your account to cover a transaction, but the bank pays the transaction anyway.

The meaning of deposit

• when paystub is given to you every 3 weeks

• a sum of money that is carried two different banks

• when you earn money before taxes

• a sum of money placed or kept in a bank account

The meaning of saving account

• a bank account that earns interest

• withdrawal through a bank

• money is given through a store

• money paid with taxes

Meaning of expense

• a sum of money withdrawal from an account

• occurs when you don't have enough money

• The cost required for something; the amount of money spent on something

• money paid regularly

The meaning of INCOME

• Money received, especially on a regular basis, for work or through investments

• Money received one day at a time

• Money received every two weeks

• a bank account that gives you money every month

The meaning of withdrawal

• a sum of money withdrawal from an account

• an account where you keep your money in

• a sum of money that you should take care of for future purposes

• an employee that brings paper to the bank

The meaning of budget

• taxes earned through card

• a spending plan based on income and expenses

• a sum of money placed or kept

• a card issued through a bank

The meaning of credit card

• a sum of money placed or kept through the bank or the carrier

• a card that you get from the bank for transactions

• a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit. It enables customers to make purchase transaction of goods and services.

• a type of card that the banks gives you a certain amount of money on for expenses