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Finance Vocabulary Flashcards | StudBud
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Finance Vocabulary
Finance Vocabulary
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Financial Literacy Vocabulary
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Account that allows for withdrawals and deposits.
Checking Account
Savings Account
Deposit Account
Transfer Account
2
Something that is essential: required for life.
Wants
Needs
Goods
Services
3
PIN stands for:
Personal Identity Number
Personal Infinite Number
Practical Identification Number
Personal Identification Number
4
An estimate/plan of expected future income and expenses.
Budget
Interest
Savings Account
Deposit
5
Things you buy and own.
Goods
Needs
Services
Wants
6
Money that you earn, usually from doing a job.
Deposit
Income
Transfer
Interest
7
Taking money out of an account.
Withdrawal
Interest
Deposit
Transfer
8
A bank account on which interest (extra money as a %) is paid.
Checking Account
Savings Account
Deposit Account
Transfer Account
9
Which card is more risky?
Debit Card
Credit Card
Store Card
Checking Card
10
Which card is more safe and like cash?
Debit Card
Checking Card
Store Card
Credit Card
11
Actually a loan, allows you to buy now and pay later, but you have to pay interest and fees.
Debit Card
ATM
Online Banking
Credit Card
12
To move money from one account to another.
Interest
Withdrawal
Deposit
Transfer
13
Something someone does for others and gets paid for it.
Wants
Services
Goods
Savings
14
What is it called when someone hacks into your bank account or starts charging on your credit card?
Card Fraud
Bank Theft
Personality Stealing
Identity Theft
15
Card swiped that will deduct money from your checking account.
Credit Card
Online Banking
ATM
Debit Card
16
Money you put away to use later.
Interest
ATM
Budget
Savings
17
ATM stands for:
Automated Teller Machine
Automated Take Machine
Automated Time Machine
Automated Terrific Machine
18
Things that are desired: may improve the quality of life.
Needs
Wants
Services
Goods
19
Secure websites that allow you to check account and make transactions online.
Savings Account
Online Banking
Checking Account
Deposit
20
Putting money into an account.
Reconcile
Transfer
Withdrawal
Deposit
