Banking Products Vocab Quiz
Authored by Victoria Lunsford
Education
9th - 12th Grade
Used 13+ times
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36 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Companies engaged in the business of dealing with the monetary transactions of individual and commercial clients
Home Equity Loan
Overdraft Protection
Financial Institutions
Electronic Funds Transfer
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
secure means of storing money in which individuals or business can deposit or withdraw money as needed
Electronic Funds Transfer
Depository Financial Institutions
Overdraft Protection
Checking Account
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
secure means of storing money while earning interest
Savings Account
Checking Account
Financial Institutions
Online Banking
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
fee paid regularly at a set rate
Credit Score
Personal Loan
Interest
Credit Report
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money borrowed for personal reasons; to be repaid within a specific time frame and with added interest
Interest
Home Equity Loan
Auto Loan
Personal Loan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money borrowed for business reasons; to be repaid within a specific time frame and with added interest
Personal Loan
Auto Loan
Business Loan
Home Equity Loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money borrowed for the purchase of real estate; to be repaid within a specific time frame and with added interest
Mortgage Loan
Personal Loan
Debit Loan
Interest
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