Financial Vocabulary

numerical score a person gets based on their payments on money they have borrowed

misrepresenting products or items for people to buy

the effect that something has

money put directly into a bank account without going to a person first

bank of the United States. Created by Congress to give the US a safer money system

the record of a person's borrowing money and paying the money back

things that provide a base, that other things can build on

transfer of money from one account to another, transfer of money for a purchase of a product

understanding how to do something, having a skill such as reading or understanding money

bank that is owned by members of the bank, instead of a company that makes money

money kept in a bank that can be taken out with paper drafts or debit cards

prints all the United States paper money and makes all the coins

person pays a company. Company pays money if the person or property is injured or damaged

writing a check for an amount that is more than is in the checking account

money paid by banks to people who keep their money in that bank

stocks, bonds, gold, land, etc. that increases in value

Federal Deposit Insurance Corporation gives a person their money saved in a bank if it fails

ATM

small card that allows the owner to buy things without paying money immediately for them

having to do with money matters