Personal Finance Vocab 1

Money you put into your account.

• credit

• deposit slip

• deposit

• debit

A sum of money deducted FROM your account.

• credit

• deposit slip

• deposit

• debit

A sum of money deposited INTO an account.

• credit

• deposit slip

• deposit

• debit

A form you fill out to credit money to your account when you make a deposit.

• credit

• deposit slip

• deposit

• debit

A check used to buy goods or services or be exchanged for cash when traveling fro greater security.

• traveler's check

• money order

• checkbook

• bank statement

A monthly document prepared by your financial institution which shows all of the transactions related to your account.

• traveler's check

• money order

• checkbook

• bank statement

A handy portfolio that holds your check register, checks, deposit slips, receipts, and other records of ATM/ debit card transactions.

• traveler's check

• money order

• checkbook

• bank statement

A certificate that allows the stated payee to receive cash on- demand, usually issued by governments and banking institutions.

• traveler's check

• money order

• checkbook

• bank statement

A fee paid to you for keeping your money in an account OR a fee charged to you for a loan or credit card

• credit card

• mobile deposit

• overdraft fee

• interest

A card that allows the holder to make purchases without cash by borrowing money.

• credit card

• mobile deposit

• overdraft fee

• interest