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Q 1/50
Score 0
money deposited with a financial institution for investment and/or safekeeping.
30
Account
Q 2/50
Score 0
money and other valuables belonging to an individual or business
30
Assets
50 questions
Q.
money deposited with a financial institution for investment and/or safekeeping.
1
30 sec
Q.
money and other valuables belonging to an individual or business
2
30 sec
Q.
Acronym for Automatic Teller Machine
3
30 sec
Q.
An outstanding amount of money.
4
30 sec
Q.
An establishment for lending, issuing, borrowing, exchanging, and safeguarding money.
5
30 sec
Q.
An IOU issued by a corporation, the U.S. government, or a city and held by the lender as receipt that the business or institution has borrowed by a specific amount of money.
6
30 sec
Q.
A check that a bank has refused to cash or pay because there are no funds to cover it in the account.
7
30 sec
Q.
A "used" check that has been paid and subtracted from the check-writer's account.
8
30 sec
Q.
A stock of accumulated wealth used or available for producing more wealth.
9
30 sec
Q.
Money in the form of paper and coins.
10
30 sec
Q.
A check issued by a bank, drawn on its own funds rather than on one of its depositors.
11
30 sec
Q.
A savings account in which an individual promises to deposit the money for a set period of time, for which the bank typically pays higher interest than a regular savings account.
12
30 sec
Q.
A plastic card that gives access to a line of credit and the user is expected to repay their balance in full every month.
13
30 sec
Q.
Any written document instructing a bank to pay money from the writer's account.
14
30 sec
Q.
An account for which the holder can write checks.
15
30 sec
Q.
A check "clears" when its amount is debited (subtracted) from the payer's account and credited (added) to the payee's account.
16
30 sec
Q.
Anything that a bank accepts as security against the debtor's not repaying a loan.
17
30 sec
Q.
Nongovernmental financial institutions.
18
30 sec
Q.
Interest calculated not only on the original principal, but also on the interest already accrued.
19
30 sec
Q.
Buying or borrowing on the promise to repay at a later date.
20
30 sec
Q.
An agency that checks credit information and keeps a complete file on people who apply for and use credit.
21
30 sec
Q.
A plastic card that gives access to a line of credit.
22
30 sec
Q.
A rating of yours use of credit based on: your payment history, amount owed, the length of your credit history, new credit, and the types fo credit you use.
23
30 sec
Q.
Money- anything used as a common medium of exchange.
24
30 sec
Q.
Sum of money owed by an individual or institution
25
30 sec
Q.
A banking card enhanced with ATM and point-of-sale(POS) features that can be used to purchase goods and services electronically.
26
30 sec
Q.
A checking account.
27
30 sec
Q.
An itemized slip showing the exact amount of paper money, coin, and checks being deposited to a particular account.
28
30 sec
Q.
An individual or company that puts money in a bank account.
29
30 sec
Q.
To write the payee's own signature on the back of a check before cashing, depositing, or giving it to someone else.
30
30 sec
Q.
A governmental agency established by Congress to organize and regulate banking throughout the United States.
31
30 sec
Q.
The fee paid for the use of money.
32
30 sec
Q.
A savings or checking account established in the names of more than one person.
33
30 sec
Q.
Money owed to individuals, businesses, or institutions.
34
30 sec
Q.
An authorized amount of credit given to an individual, business, or institution.
35
30 sec
Q.
An economic system permitting an open exchange of goods and services between producers and consumers.
36
30 sec
Q.
Anything generally recognized as a medium of exchange.
37
30 sec
Q.
A legal agreement that creates an interest in real estate between a borrower and a lender.
38
30 sec
Q.
A check written for more money than is currently in the account.
39
30 sec
Q.
A booklet given by the bank to the depositor to record deposits, withdrawals, and interest earned on a savings account.
40
30 sec
Q.
An individual or company to whom a check is written; one who receives money as payment.
41
30 sec
Q.
An individual or company who writes a check; one who gives money as payment.
42
30 sec
Q.
The original amount of money borrowed, deposited, or invested before interest accrues.
43
30 sec
Q.
To revise a loan agreement to make the terms of payment more suitable to a borrower's present income and ability to repay.
44
30 sec
Q.
A bank account that accrues interest in exchange for use of the money on deposit.
45
30 sec
Q.
State-chartered or federally chartered financial intermediary that accepts deposits from the public and invests those funds primarily in residential mortgage loans.
46
30 sec
Q.
A monthly fee a bank charges for handling a checking account.
47
30 sec
Q.
A request made to a bank to not pay a specific check.
48
30 sec
Q.
The period of time and the interest rate arranged between creditor and debtor to repay a loan.