WorksheetsBanking Vocabulary
Total questions: 16
Worksheet time: 10mins
A bank is...
a business that keep money for customers and makes loans.
a company that uses your money for bartering.
an organization that holds money and other valuable assets.
a business that borrows money from you.
A sum of money borrowed for a certain amount of time is called a....
loan
down payment
interest
borrow
Putting money into the bank is called a...
deposit
loan
interest
withdrawal
When you take out a loan, ________ is added on to your total expense. The longer you have your loan, the more of this you will have to pay.
Interest
Inflation
Balance
Loan addend
When the bank pays a transaction for you because you don't have enough money in your account it's called an........
withdrawal
overdraft
bank
income
My ________________ is money that I earned from doing work.
Salary
Fee
Income
Overdraft
Account that lets you save money
minimum balance
checking account
interest
savings account
Money the bank pays you to keep your money in their bank.
minimum balance
checking account
interest
savings account
Card that you use to pay for items and the money comes out of your checking account.
endorse
overdrawn
debit card
statement
A bank account that allows you to deposit/withdraw money at any time and earns interest is a
money market fund
money market deposit account
regular savings account
certificate of deposit
You earn _______________ by saving money in a savings account.
money
interest
awards
trophies
Bella kept $500 in a savings account for 1 year. At the end of the year she had $525. The extra $25 is _____.
budget
withdrawal
interest
passbook
