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WorksheetsPersonal Finance Vocabulary
Total questions: 40
Worksheet time: 30mins
What does the acronym ATM stand for?
Assistive Technology Manual
Automated Teller Machine
Automatic Time Mechanism
At The Market
What is the amount of money available in an account after making a transaction?
Income
Credit
Deposit
Balance
What is the word for adding money into an account, or the money you put into an account?
Withdrawal
Currency
Deposit
Allowance
What is the amount it costs to use money that is borrowed?
balance
interest
salary
expenses
What is a bank's fee for taking care of an account?
debt
deduction
monthly service charge
balance
A person who works in a bank that helps customers with deposits, withdrawals or check cashing is called a ________?
manager
teller
assistant
staffer
What is it called when money is taken out of a bank account?
deposit
currency
withdrawal
wage
Something that is approved, official or correct has been ________.
Stamped
Spoken
Authorized
Proven
What is a form which lists the checks deducted from an account, deposits made, ATM uses and the account balance?
Bank Statement
Spreadsheet
W-2
Tax return
What is the term for a check the bank pays and subtracts from your account?
Fake check
Credit
Cancelled check
Deposit
Money in coins or bills such as a dollar bill or five-dollar bill is called _______.
Interest
Cryptocurrency
Credit
Currency
What is the slip of paper that shows how much money you are depositing into your account?
Receipt
Deposit slip
Money order
Application
What is it called when you sign your name on the back of a check?
Forgery
Petitioning
Endorse
Cancelled check
What is a form that is used to ask for something?
Signature card
Bank Statement
Questionnaire
Application
What is the term for money spent on various things that are needed or wanted?
Expenses
Budget
Liabilities
Finance
What is the term for an expense that does not change or remains the same?
Variable Expense
Tax
Fixed Expense
Discretionary Expense
What is the term for money received from working, investments or other sources?
Expenses
Credit
Overtime
Income
What offers protection against loss or damage to property?
Withholdings
United Fund
Insurance
Union Dues
What is the term for services you pay for such as electricity, gas, water or garbage pickup?
Mortgage
Utilities
Appliances
Layaway Plan
What is the term for an expense that changes from time to time?
Variable Expense
Tax
Fixed Expense
Debt
What is a plan for spending or saving money?
Wage
Budget
Finance
Mortgage
What is a term for money that is owed?
Balance
Debt
Savings
Net Pay
What is the term for moving money from one account to another?
Finance
Transfer
Refund
Balance
What is a term for payments that are split over a period of time?
Down Payment
Refund
Installments
Principal
What is the term for a loan to purchase a house or other building?
Mortgage
Down Payment
Deduction
Withholding
What is the term for money that is paid toward the total price of an item
Debt
Down Payment
Budget
Wage
What is a term for taking out a loan or signing a contract to purchase something?
Finance
Budget
Transfer
Salary
What is the general term for someone who works for another person or business for pay?
Manager
Employee
Confidant
Agent
What is the term for a fixed amount of pay for regular work?
Wage
Salary
Stipend
Overtime
What is a term for a paper or card on which hours worked are recorded? (Hours can also be recorded electronically)
Balance Sheet
Time Card
Application
Deposit Slip
What is the term when someone works beyond regular work hours? (Usually over 40 hours a week)
Wage
Salary
Overtime
Gross Pay
What is the term for the amount a person is paid for work? (Typically hourly pay)
Allowance
Wage
Tax
Withholdings
What is the term for an amount that is subtracted from your paycheck for a tax, benefit, service or membership?
Salary
Paycheck
Deduction
What is the term for the check stub attached to your paycheck that lists gross pay, deductions and net pay?
Application
Earnings Statement
Deposit Slip
Time Card
What is the term for the amount of pay earned before deductions are taken out?
Salary
Gross Pay
Net Pay
Tax
What is the term for the amount of pay received after deductions have been taken out?
Salary
Gross Pay
Net Pay
Tax
What is the term for the paycheck deduction that goes to the national treasury or the state treasury?
Tax
Health Insurance
United Fund
Union Dues
What is the government plan that makes support payments to older people? (Also called FICA)
Disability Insurance
Social Security
Federal Income Tax
United Fund
What is the type of insurance that pays for the repair of your car after an accident
Deductible
Comprehensive
Collision
Liability
What is type of insurance pays for other people's injuries and property damage if you caused the accident
Liability
Collision
Deductible
Comprehensive
