BizTown- Lesson 1 Financial Institutions Vocab

Front

A machine for bank transactions without visiting the bank.

Back

ATM (automated teller machine)

Tags

CCSS.RI.6.4

CCSS.RI.5.10

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.4.10

Front

Current amount of money in an account.

Back

balance

Tags

CCSS.4.MD.B.4

Front

A business offering money services like loans and accounts.

Back

Bank

Tags

CCSS.L.4.6

CCSS.L.3.6

CCSS.L.1.6

CCSS.L.K.5A

Front

A company that sells goods or services.

Back

Business

Front

Investment earning interest over time.

Back

Certificate of deposit (CD)

Front

Written order to a bank to pay a certain amount from a checking account.

Back

Check

Front

Bank account for bills, checks, and debit cards

Back

checking account

Front

A card that allows the holder to buy goods and services by taking out a bank loan.

Back

credit card

Tags

CCSS.RI.6.4

CCSS.RI.5.10

CCSS.RI.7.4

CCSS.RI.4.10

CCSS.RI.8.4

Front

A financial institution owned by its members providing services like a bank.

Back

Credit Union

Tags

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.3.4D

CCSS.L.9-10.4C

Front

A card for immediate electronic fund withdrawal for cash or purchases.

Back

Debit Card