Sign in to save your progress, vote, and build your own decks.Sign in
Life Skills Vocab 2
Chapter 14 Banking Your Money
9 cards·by collinsd@rv337.org
insufficient funds
not enough money in a checking account for the bank to pay the checks you write
checking account
money in a bank that can be taken out using or check or ATM card
deposit
money put in the bank
check
a written order directing a bank to pay a certain amount of money from the account of the person
who signs it to the person named
minimum deposit
the lowest amount of money needed in an accout
withdraw
remove something
interest
money that a bank pays you for keeping your money in a checking or savings account; also, a fee
that you pay when you borrow money
fee
cost
ATM
an automatic teller machine; a machine that allows you to take money out of your checking or
savings account using a special card