Personal Finance Unit 1 Vocab (Part 1)

Front

Amount of money in your bank account.

Back

Account Balance

Front

Plastic card for purchases, pay later.

Back

Credit Card

Front

Put money into an account.

Back

Deposit

Front

Charge for borrowing money, expressed as an annual percentage rate (APR).

Back

Interest

Front

Fee

Back

Money paid for services.

Front

Abbreviation for Automated Teller Machine?

Back

ATM

Front

Type of bank account for daily transactions.

Back

Checking Account

Front

A bank card that deducts purchase amounts from the cardholder's checking account.

Back

Debit Card

Front

Automatic paycheck deposit without a physical check.

Back

Direct Deposit

Front

Money taken out of a bank account.

Back

Withdrawal