07 Personal Finance

When you put money into a bank account it is called a withdrawal.

• True

• False

You can make online ____________ using your banking app.

• transportation

• transactions

• transitions

• telecommunication

Tags

CCSS.RI.11-12.8

CCSS.RI.8.7

CCSS.RI.9-10.7

CCSS.RL.11-12.8

CCSS.RL.9-10.7

You can _______ cash from an ATM using your ____________.

• deposit... account statement

• withdraw.... debit card

• exchange.....laptop

• triple....credit card

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

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

Tags

CCSS.6.NS.C.5

A term used to indicate that the depositor's account is inadequate to cover the check. The transaction does not go through.

• Penalty

• ATM

• Insufficient Funds

• Personal Loan

An automatic deposit on a paycheck without having to take a physical check to the bank.

• ATM

• Online Access

• Safety Deposit Box

• Direct Deposit

A numerical code used in many electronic financial transactions. Usually required when using bank debit cards, and usually contains 4 digits.

• PIN Number

• Checking Account Number

• Service Charge

• Bank Balance

Occurs when money is withdrawn from a bank account and the available balance goes below zero.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

A machine that allows you to make banking transactions without the need of a bank teller.

• Online Access

• ATM(Automated Teller Machine)

• Safety Deposit Box

• Personal Loan