Banking Vocabulary Check In

Occurring every year

Money taken out of your account

A financial institution that lends money to its members; similar to a bank but members can borrow money at lower rates of interest

Interest paid on the principal alone; not on any accrued interest

An amount of money put in a bank on which interest is paid

An amount of money in a bank account

Money that is paid for borrowing someone else's money

The price or cost of something

The lowest or smallest possible amount

The money a person collects over a period of time and does not spend right away