Banking Vocabulary
Authored by Erica Tucker
Other
6th - 8th Grade
Used 10+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
loan
credit
withdrawl
overdraft
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following an agreement between a lender and a borrower that allows the borrower to buy goods or services now and pay for them later?
Credit Score
Interest
Withdrawal
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a prediction of how likely you are to pay a loan back on time based on information from your credit reports.
ATM
interest
credit score
debit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an act of taking money out of an account?
deposit
withdrawal
credit score
overdraft
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a sum of money placed or kept in a bank account?
withdrawal
interest
credit
deposit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller?
Deposit
Withdrawal
ATM
Interest
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a bank or credit union account that allows you to save money and earn interest on it. Savings accounts are a good way to store money you don't plan to spend right away, such as for an emergency fund, vacation, or other short-term goals?
Checking Account
Overdraft
Savings Account
Personal Account
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