WorksheetsBanking and Finance Terms
Total questions: 20
Worksheet time: 10mins
A written document that serves as evidence of insurance coverage.
Policy
Certificate
Agreement
Contract
The original sum of money borrowed or invested.
Principal
Interest
Dividend
Capital
A bank account that is held by more than one person.
Joint Account
Single Account
Savings Account
Checking Account
Money that you take out of your bank account.
Deposit
Withdrawal
Transfer
Balance
Money paid in addition to the amount borrowed or the money earned in a savings account.
Principal
Interest
Dividend
Fee
An interest rate that remains the same while the loan is being repaid.
Variable Rate
Fixed Rate
Adjustable Rate
Floating Rate
The amount of money that you have in your bank account.
Balance
Deposit
Withdrawal
Interest
Putting money aside for future use.
Investing
Spending
Saving
Borrowing
A card that can be used to make purchases. Purchases made are paid for over time.
Debit Card
Credit Card
Prepaid Card
Gift Card
Interest calculated on the principal amount and interest.
Simple Interest
Compound Interest
Fixed Interest
Variable Interest
An interest rate that can vary during the life of the loan.
Fixed Rate
Adjustable Rate
Variable Rate
Capped Rate
The amount of money you receive in your paycheck BEFORE any deductions.
Net Pay
Gross Pay
Deductions
Taxable Income
The person or people designated to receive the death benefit when the insured person dies.
Beneficiary
Policyholder
Underwriter
Claimant
When someone steals your information and uses it without your permission.
Identity Theft
Data Breach
Phishing
Cyberbullying
A monthly record of account transactions provided by your bank or credit card company.
Invoice
Receipt
Statement
Bill
A bank account that earns interest.
Checking Account
Savings Account
Money Market Account
Certificate of Deposit
The amount of money you receive in your paycheck AFTER deductions.
Gross Pay
Net Pay
Deductions
Taxable Income
A secret code that you need to use the ATM.
PIN (Personal Identification Number)
Password
Security Code
Access Key
A 3-digit number that tells lenders how credit worthy a person is.
Credit Score
Loan Amount
Interest Rate
Debt-to-Income Ratio
A unique number assigned to each individual and used for identification purposes.
Social Security Number
Identification Code
Personal ID Number
Unique User ID
