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Managing Your Money Vocabulary

Authored by Seth Lanciloti

Financial Education

12th Grade

Managing Your Money Vocabulary
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42 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A machine that allows individuals to complete certain transcations from the machine without human assistance.

Automated Teller Machine (ATM)

Debit Card

Savings Account

Interest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account that allows quick access to funds for transactions

Commerical Bank

Mobile Banking

Saving Account

Checking Account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For-profit depository businesses that offer financial services to both consumers and other businesses.

Online Banking

Mobile Banking

Commerical Bank

Credit Union

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payment transactions that can be completed with no physical connection between the payment device and the physical point of sale (POS) terminal or store clerk

Depository Institution

Contactless Payment

Savings Tool

Automamted Teller Machine (ATM

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Depository Institutions that offer many Banking services and are owned by their customers

Savings Tool

Interest

Depository Institution

Credit Union

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plastic card that is electronically connected to the cardholder's depository institution account

Debit Card

Interest

Interest rate

Online Banking

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that provide financial services

Savings Account

Savings Tools

Interest

Depository Institution

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