Financial Literacy 1

Front

A machine that allows bank customers to deposit or withdraw money without visiting their bank.

Back

ATM (Automated Teller Machine)

Front

The current amount of money in an account.

Back

Balance

Front

A business that offers money-related services to its customers, including loans and checking and savings accounts.

Back

Bank

Front

A company that sells goods or services.

Back

Business

Front

The study of governments, public processes, and the rights and duties of citizenship.

Back

civics

Front

A written order to a bank to pay a certain amount of money from a checking account to another person or business.

Back

Check

Front

A bank account used to pay bills and access funds using 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

Front

A financial institution owned by its members that provides many of the same services as a bank.

Back

Credit union

Front

A card that allows customers to electronically and immediately withdraw funds from their accounts, either in cash or to purchase goods or services.

Back

Debit card