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Q 1/16
Score 0
The amount of money you have in your bank account
30
balance
Q 2/16
Score 0
A monthly document prepared by your financial institution which shows all of the transactions related to your account
30
bank statement
16 questions
Q.
The amount of money you have in your bank account
1
30 sec
Q.
A monthly document prepared by your financial institution which shows all of the transactions related to your account
2
30 sec
Q.
A bank product that earns interest on a lump-sum deposit that's untouched for a predetermined period of time
3
30 sec
Q.
A check that has been paid or cleared by the bank. It will appear on your bank statement
4
30 sec
Q.
A written, dated, and signed order to the bank that tells it to pay a definite sum of money to a payee
5
30 sec
Q.
Reinvesting earned interest back into the principal to allow money to grow exponentially over time
6
30 sec
Q.
A sum of money deposited INTO an account
7
30 sec
Q.
A sum of money deducted FROM your account
8
30 sec
Q.
Money you put into your account
9
30 sec
Q.
An automatic electronic deposit of net pay to an employee's designated bank account
10
30 sec
Q.
Money set aside for unanticipated expenses or loss of income
11
30 sec
Q.
Protection provided by the Federal Deposit Insurance Corporation; protects the deposits of customers against loss up to $250,000 per account
12
30 sec
Q.
A fee paid to you for keeping your money in an account OR a fee charged to you for a loan or credit card
13
30 sec
Q.
A monthly fee that some banks charge to provide access to checking or savings accounts
14
30 sec
Q.
Interest paid on the principal alone
15
30 sec
Q.
A fee that is charged if the number of withdrawals from your savings account exceeds the federal limit, which is six free withdrawals and transfers per month
