Banking Vocabulary Practice
Presentation
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Medium
+7
Standards-aligned
Stacy Shoemaker
Used 12+ times
FREE Resource
0 Slides • 7 Questions
1
Match
Match the following
A bank account against which the depositor can withdraw checks; mainly used to pay bills & expenses, usually no interest gained.
A bank account held at a bank or other financial institution that receives interest.
A bank account held by more than one person; a shared account.
The act of taking money out of an account.
The act of placing money into an account.
Checking Account
Savings Account
Joint Account
Withdrawal
Deposit
Checking Account
Savings Account
Joint Account
Withdrawal
Deposit
2
Fill in the Blanks
What is the fee paid for the use of someone else's money (earned money by keeping money in a savings account)?
Type answer...
3
Match
Bank Fees
Bounced Check
Account Statement
Bank Transfer
Automatic Payment
Fees (money) paid to the bank for account set up, maintenance, and transactional services.
A check that the bank is unable to process due to insufficient funds (not enough money)
A fincancial statemnt that records a person's deposits and withdrawals.
The act of moving money between two banks or two bank accounts.
Process that authorizes regular withdrawals to be made from a checking account to pay bills.
Fees (money) paid to the bank for account set up, maintenance, and transactional services.
A check that the bank is unable to process due to insufficient funds (not enough money)
A fincancial statemnt that records a person's deposits and withdrawals.
The act of moving money between two banks or two bank accounts.
Process that authorizes regular withdrawals to be made from a checking account to pay bills.
4
Open Ended
What do you call an arrangement that protects someone who writes a check for an amount that exceeds (goes over) the balance?
5
Fill in the Blanks
A stop payment is a request by the check writer to the bank to
Type answer...
6
Multiple Choice
Which of the following describes direct deposit?
The total amount of funds in all of your linked bank accounts.
Request by check writer to bank to cancel a check.
Teh electronic transfer of payment directly from teh account of the payer to hte account of the recipient.
Process that authorizes regular withdrawals to be made from a checking account to pay a credit card & other bills.
7
Open Ended
What is a combined balance?
Match the following
A bank account against which the depositor can withdraw checks; mainly used to pay bills & expenses, usually no interest gained.
A bank account held at a bank or other financial institution that receives interest.
A bank account held by more than one person; a shared account.
The act of taking money out of an account.
The act of placing money into an account.
Checking Account
Savings Account
Joint Account
Withdrawal
Deposit
Checking Account
Savings Account
Joint Account
Withdrawal
Deposit
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