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Money and Banks Flashcards | StudBud
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Money and Banks
Money and Banks
14 terms
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Money and Banks vocabulary
Flashcards
14 cards
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Practice quiz
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Questions
14
Answers
1
When you give someone money, but you expect them to give it back, you are...
Withdrawing
Depositing
Investing
Lending
2
When you take money out of your account it is a...
Transfer
Withdrawal
Deposit
Security
3
If you have no money and cannot pay your debts you are...
Reliable
Sensible
Investing
Bankrupt
4
A person who is owed money by another person is...
A debtor
An auditor
A customer
A creditor
5
A person who owes money is...
A debtor
A stockbroker
An investor
A creditor
6
Money that has intrinsic value, like gold and copper, is called...
Cash
Currency
Commodity money
Fiat money
7
A person who buys and sells shares on the stock market is...
A creditor
A stockbroker
An accountant
A cashier
8
Money which only represents value is called...
Interest
Commodity money
Fiat money
Currency
9
A person who works at a bank counter is...
A teller
A stockbroker
A saver
An investor
10
A person who checks a company's finances once a year is...
An Auditor
A stockbroker
An investor
An accountant
11
The charges you pay for borrowing money is called..
Investing
Lending
Interest
Security
12
When you swap one good for another it is called...
Value
Investing
Liquidity
Bartering
13
When you need money and someone gives you a loan, you are...
Investing
Borrowing
Exchanging
Lending
14
A person who invests money in the stock market is...
A customer
An investor
A saver
An auditor