BizTown Vocabulary Smithson

ATM

• A machine that allows bank customers to deposit or withdraw money without going inside of a bank.

• The current amount of money in an account

• A written order to a bank to pay a certain amount of money from a checking account to another person or business.

• Automatic Total Maker

Balance

• The current amount of money in an account.

• A machine that allows bank customers to deposit or iithdraw money without visiting the bank.

• A written order to a bank to pay a certain amount of money from a checking accont to another person or business.

• The expected amount of money a person or business expects to get from a transaction.

Check

• Slang for checking the current amount of money in an account

• A written order to a bank to pay a certain amount of money from a bank account to another person or business.

• The amount of money placed into an account AFTER all deductions.

• A business that tries to meet its customers's needs throught continuous improvement

• The amount of money a buyer pays and a seller receives for the purchase of a good or service.

Quality Business

• A business that tries to meet its customers's needs through continuous improvement.

• A business that stresses selling quantity rather than quality.

• A machine that allows bank customers to deposit or withdraw money without visiting the bank.

• A business that hires over 20 people usually for a salary.

Deposit ticket

• The money an employee earns for hes/her work.

• The amount of money a buyer pays and a seller recewives for the purchase of a good or service.

• A written record of money put into a checking account.

• The otal of all expenses needed to run a business

Direct deposit

• An electronic transfer of money from one account to another. (Used by employers to pay employees.)

• The amount of money placed into an account AFTER all deductions.

• The total of all expenses needed to run a business

• Goods that a business has in stock to sell.

Net Deposit

• A promise to repay a loan within a certain time period.

• A business that tries to meet its customers' needs through continuous improvement.

• Goods that a business has in stock to sell.

• The amount of money placed into an account AFTER all deductions.

Operating Costs

• An esectronic transfer of money from one account to another.

• The total of all expenses needed to run a business.

• The amount of money earned from sales

Revenue

• The amount of money earned from sales

• Gpopds that a business has in stock to sell

• The amount of money placed into an acount after all deductions.

• The total of all expenses needed to run a business.

Salary

• The money an employee earns for his/her work

• The amount of money placed into an account AFTER all deductions.

• The amount of money earned from sales.

• The amount of money a customer pays for a good or service.