Personal Finance Vocabulary

What does the acronym ATM stand for?

• Assistive Technology Manual

• Automated Teller Machine

• Automatic Time Mechanism

• At The Market

What is the amount of money available in an account after making a transaction?

• Income

• Credit

• Deposit

• Balance

What is the word for adding money into an account, or the money you put into an account?

• Withdrawal

• Currency

• Deposit

• Allowance

What is the amount it costs to use money that is borrowed?

• balance

• interest

• salary

• expenses

What is a bank's fee for taking care of an account?

• debt

• deduction

• monthly service charge

• balance

A person who works in a bank that helps customers with deposits, withdrawals or check cashing is called a ________?

• manager

• teller

• assistant

• staffer

What is it called when money is taken out of a bank account?

• deposit

• currency

• withdrawal

• wage

Something that is approved, official or correct has been ________.

• Stamped

• Spoken

• Authorized

• Proven

What is a form which lists the checks deducted from an account, deposits made, ATM uses and the account balance?

• Bank Statement

• Spreadsheet

• W-2

• Tax return

What is the term for a check the bank pays and subtracts from your account?

• Fake check

• Credit

• Cancelled check

• Deposit