Financial Literacy Vocabulary 4th Grade

A payment for goods and services is called a(n) ______.

• expense

• loan

• profit

• deposit

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

​ (a)   is the money that is made in a business "after" all the costs and expenses are paid.

• Profit
• expense
• loan
• interest

A ​ (a)   is an establishment that focuses on dealing with financial transactions such as investments, loans, and deposits.

• profit
• financial institution
• retail store
• ATM machine

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

What is it called when you take money out of the bank?

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Which is an example of a loan?

• depositing money into the bank

• writing a check to pay a bill

• borrowing money from the bank

• taking money out of the ATM machine

What is it called when you repay money you have borrowed but have to pay an extra fee on top it?

• budget

• deposit

• withdrawal

• interest

Tags

CCSS.3.OA.D.9

What is cost?

• writing a check

• an amount that has to be paid or spent to buy or obtain something

• gathering prices of items

• depositing money into the bank

Tags

CCSS.3.OA.A.3

The definition of allocate is _________.

• to divide or distribute funds

• to receive funds

• to pay interest

• to put into a savings account

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

To give someone a sum of money regularly is called a(n) ​ (a)   .

• allowance
• account
• deposit
• interest rate

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Money earned or received is called ​ (a)   .

• income
• interest
• loans
• profit

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C