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WorksheetsManaging Your Money Vocab
Total questions: 23
Worksheet time: 12mins
A machine that allows individuals to complete certain transactions from the machine without human assistance
Depository Institution
Automated Teller Machine (ATM)
Online Banking
Checking Account
An account that allows quick access to funds for transactions
Credit Union
Interest Rate
Online Banking
Checking Account
For-profit depository businesses that offer financial services to both consumers and other businesses
Debit Card
Savings Tool
Commercial Bank
Interest
Payment transactions that can be completed with no physical connection between the payment device and the physical point of sale (POS) terminal or store clerk
Credit Union
Contactless Payment
Mobile Banking
Interest Rate
Depository institutions that offer many banking services and are owned by their customers
Credit Union
Automated Teller Machine (ATM)
Savings Account
Interest
A plastic card that is electronically connected to the cardholder's depository institution account
Checking Account
Online Banking
Debit Card
Commercial Bank
Businesses that provide financial services
Contactless Payment
Interest Rate
Savings Tool
Depository Institutions
The price paid for using someone else's money
Interest
Interest Rate
Mobile Banking
Credit Union
The percentage rate used to calculate interest
Savings Tool
Interest Rate
Debit Card
Interest
Apps that many depository institutions have developed that allow online banking access from devices such as smartphones, tablets, and other mobile devices
Commercial Bank
Mobile Banking
Online Banking
Debit Card
Allows customers to complete certain transactions from a secured Internet site by using a username and password from any place in the world with Internet access
Online Banking
Mobile Banking
Savings Account
Commercial Banking
An account at a depository institution that is designed to hold money not spent on current consumption
Credit Union
Automated Teller Machine (ATM)
Savings Tool
Savings Account
Accounts offered by depository institutions whose main purpose is to help people manage their money
Interest Rate
Savings Account
Depository Institution
Savings Tool
A group of people with common interests and concern for the common good
Income Tax
Community
Unearned Income
Taxpayer
Money earned from working for pay
Payroll Tax
Taxes
Earned Income
Income Tax
Taxes collected from the seller or retailer and as such often remaining "hidden" in the price of a product or service, rather than being listed separately
Unearned Income
Taxpayer
Property Tax
Excise Tax
A ax on earned and unearned income
Earned Income
Income Tax
Taxes
Sales Tax
Aa tax on earned income
Payroll Tax
Unearned Income
Community
Earned Income
A tax onproperty, such as land, buildings (including homes), and automobiles
Sales Tax
Property Tax
Taxpayer
Excise Tax
A tax on purchased goods and services
Property Tax
Payroll Tax
Taxes
Sales Tax
A sum of money demanded by a government to support the government itself as well as specific facilities or services
Taxes
Excise Tax
Taxpayer
Sales Tax
A person who pays a tax to national, state, county or municipal governments
Unearned Income
Community
Taxpayer
Excise Tax
Income received from sources other than employment
Earned Income
Payroll Tax
Income Tax
Unearned Income
