Personal Financial Literacy - Vocabulary
Flashcard
•
Mathematics
•
6th Grade
•
Practice Problem
•
Medium
+14
Standards-aligned
Wayground Content
Used 1+ times
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a Savings Account?
Back
A bank account in which the money deposited earns interest, allowing for more money in the future than originally deposited.
Tags
CCSS.L.2.4E
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
2.
FLASHCARD QUESTION
Front
What is a Bank?
Back
A business where people deposit and withdraw their money and borrow money.
3.
FLASHCARD QUESTION
Front
What is Available Balance?
Back
The amount of money available in an account for a person, business, or organization to spend.
Tags
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
4.
FLASHCARD QUESTION
Front
What is a Withdrawal?
Back
Money taken OUT of an account.
5.
FLASHCARD QUESTION
Front
What is a Transfer?
Back
Money moved from one account to another account.
6.
FLASHCARD QUESTION
Front
What is a Deposit?
Back
Money added INTO an account.
Tags
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
7.
FLASHCARD QUESTION
Front
What is Interest?
Back
The money earned on a savings account or paid on a loan, usually expressed as a percentage.
Tags
CCSS.7.RP.A.3
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