Banking and Finance Terms

Front

Money that you add to your bank account.

Back

Deposit

Front

Money that you take out of your bank account.

Back

Withdrawal

Front

A card that can be used to make purchases. It is linked to your bank account.

Back

Debit Card

Front

A card that can be used to make purchases. Purchases made are paid for over time.

Back

Credit Card

Front

A bank account that allows people to deposit and withdraw their money.

Back

Checking Account

Front

A bank account that earns interest.

Back

Savings Account

Front

Money taken off the original cost.

Back

Discount

Front

The amount of money that you have in your bank account.

Back

Balance

Front

A secret code that you need to use the ATM.

Back

PIN (Personal Identification Number)

Front

The amount of money you receive in your paycheck BEFORE any deductions.

Back

Gross Pay