Banking

Front

What does it mean to deposit money?

Back

To put money into your bank account.

Front

What does it mean to withdraw money?

Back

To take money out of your bank account.

Front

Who is a teller?

Back

A person who works at a bank and helps customers with their money.

Front

What is a bank?

Back

A place where people keep their money safe.

Front

What is an account?

Back

A record of money that you have in the bank.

Front

What is money?

Back

A medium of exchange used to buy goods and services.

Front

What is a savings account?

Back

An account where you can save money and earn interest.

Front

What is a checking account?

Back

An account used for everyday transactions, like paying bills.

Front

What is interest?

Back

Money paid by the bank for keeping your money in an account.

Front

What is a bank statement?

Back

A summary of all transactions in your bank account.