Checking Vocabulary

Flashcard
•
Mathematics
•
12th Grade
•
Easy
+7
Standards-aligned
Kevin Bond
Used 1+ times
FREE Resource
Student preview

16 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a Checking Account?
Back
An account used for everyday transactions.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
2.
FLASHCARD QUESTION
Front
Deposit
Back
Putting money into a bank account.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
3.
FLASHCARD QUESTION
Front
Check
Back
A written order to pay from your account.
Tags
CCSS.L.5.5C
4.
FLASHCARD QUESTION
Front
Overdraft
Back
When you spend more than you have in your account.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
5.
FLASHCARD QUESTION
Front
What is the Minimum Balance?
Back
The lowest amount of money to have in your account to avoid fees or account closure.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
6.
FLASHCARD QUESTION
Front
Direct Deposit
Back
Automatically depositing payments into your account.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
7.
FLASHCARD QUESTION
Front
What does the FDIC stand for?
Back
Federal Deposit Insurance Corporation
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
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