Unit 12 Vocabulary NIS

A type of financial aid, typically based on need, not requiring payment.

A person who borrows money.

A condition of financial failure caused by not having money to pay debts.

Money that is borrowed to purchase items; the borrow agrees to repay over time with interest.

An establishment that focuses on dealing with financial transactions.

Amount of $ a lender allows you to use to purchase goods with a promise to repay with interest.

The act of moving money from one place to another.

The amount of money received in a particular time in exchange for work.

An exchange or transfer of funds.

A card that is used to borrow money or buy goods and services on credit.

A fee charged by a bank for a service provided to customers.

A bank account that allows customers to deposit & withdraw $ and earn interest from the bank.

An electronic transfer of a payment directly from payer's account to recipient's account.

Compensation for work, expressed as a yearly sum.

Information on how a consumer has borrowed and repaid debt.

A student aid program that provides part-time job while in school to help pay for expenses.

A person or business that loans money.

A charge for not paying a bill by the due date.

A payment made that removes money from a bank account.

Money placed into a checking or savings account at a bank.

Money removed from a checking or savings account.

A table recording information about transactions written on a bank account.

A card issued by a bank used to pay for items with money directly from checking account.

A numerical summary about the information contained in a credit report.

The total amount of money in a bank account at any given time.

Money awarded based on academic achievement that does not have to be repaid.

An account at a bank that allows you to deposit or withdraw money to pay for goods or services.