Banking Products Vocab Quiz

Banking Products Vocab Quiz

9th - 12th Grade

36 Qs

quiz-placeholder

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Banking Products Vocab Quiz

Banking Products Vocab Quiz

Assessment

Quiz

Education

9th - 12th Grade

Medium

Created by

Victoria Lunsford

Used 11+ times

FREE Resource

36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Companies engaged in the business of dealing with the monetary transactions of individual and commercial clients

Home Equity Loan

Overdraft Protection

Financial Institutions

Electronic Funds Transfer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

secure means of storing money in which individuals or business can deposit or withdraw money as needed

Electronic Funds Transfer

Depository Financial Institutions

Overdraft Protection

Checking Account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

secure means of storing money while earning interest

Savings Account

Checking Account

Financial Institutions

Online Banking

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

fee paid regularly at a set rate

Credit Score

Personal Loan

Interest

Credit Report

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money borrowed for personal reasons; to be repaid within a specific time frame and with added interest

Interest

Home Equity Loan

Auto Loan

Personal Loan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money borrowed for business reasons; to be repaid within a specific time frame and with added interest

Personal Loan

Auto Loan

Business Loan

Home Equity Loan

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money borrowed for the purchase of real estate; to be repaid within a specific time frame and with added interest

Mortgage Loan

Personal Loan

Debit Loan

Interest

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