5th Grade Math Vocabulary Unit 3

Card that is linked to your checking account so you can make purchases at a store.

A card that can be used to borrow money from stores to buy products and services on credit.

Income that remains after taxes and other deductions are taken from an person’s gross income.

A monthly or yearly spending and savings plan for an individual, family or business..

Money earned or received.

Document telling the bank to pay an amount of money from your account to a specific person.

Payment for goods and services.

Checking your account statement against your check register to make sure the records match.

A formal record of the transactions made by a person, business, or other organization.

Money collected by a store, in addition to a good or service that was purchased.

The amount available in an account for a person, business, or organization to spend.

Table to track deposits added to account, expenses withdrawn and current available balance.

Money that a company withholds from its employees for the federal government required by law.

Money paid to federal and/or state government based on an individual’s income

The total amount of personal income prior to taxes and deductions. 

Payments using security features on the Internet.

Money collected on the value of a property for the local government as required by law.