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Financial literacy Flashcards | StudBud
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Financial literacy
Financial literacy
15 terms
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1
This is the money charged for a service and benefit of borrowing money.
Fee
Transfer fee
Interest
Loan
2
This is a card issued by a bank that allows money to come directly out of the users account
withdrawl card
Debit card
Credit Card
Deposit card
3
This is when you put money into your account. What are you doing
withdrawl
Borrowing
Deposit
lending
4
The report that your job, banks, and car dealerships look at to see if your reliable is
Credit Card
Lending
Bankruptcy
Credit Report
5
This is the maximum amount of money that someone can borrow from a credit card company or a bank
Credit Card
Deposit
Credit Limit
Fee
6
This is the state of oweing money
Borrow
Bankruptcy
Debt
Lend
7
This is the person who gives money to someone who intends to receive it back later
Transferer
Loaner
Lender
borrower
8
This is the word for moving money into different accounts or from one owner to another.
Withdrawl
Borrowing
Depositing
Transfering
9
This is when you take and use something that belongs to someone else with intention of returning it later
Lending
Borrowing
Loaning
borrower
10
This is the payment made to something or someone for an exchange of services and advice. It is an additional payment
Withdrawl
Fee
Transfer
Loan
11
This is what you use to purchase goods, but pay for them later
Debit card
Deposit
Credit card
Credit limit
12
A thing that is borrowed, with a greater sum of money that is expected to be paid back with interest
debt
Credit Report
Bankruptcy
Loan
13
This is when you take money out of your account. You are doing what?
withdrawl
Deposit
Borrowing
Loaning
14
If Sallys balance was 200 dollars, and she spends 115 dollars at the grocery store... whats her remaining balance?
85 dollars
90 dollars
150 dollars
100 dollars
15
What helps you keep track of your balances and transactions. "I know how to balance a ____ ______."
Deposit summary
Check Register
Interest rate
Credit limit