Finance book 1 definitions 1-15 | Baamboozle - Baamboozle

English 14 Public

finance book 1

Study Slideshow

a bank that offers banking services to individuals and small companies

RETAIL BANK

20

a private bank that provides banking services to the public

COMMERCIAL BANK

20

a bank account from which money can be easily accessed

CHECKING ACCOUNTS

20

a plastic card used to draw money directly from the user’s bank account

DEBIT CARD

20

a method of payment; a written document ordering the bank to pay money on sb’s behalf

CHECK

20

a bank account with higher interest than a checking account, but there are usually withdrawal restrictions

SAVINGS ACCOUNT(S)

20

rates expressed as an annual percentage of an account or loan which is charged by a bank for borrowing its money

INTEREST RATES

20

an agreement with a bank, allowing you to withdraw more money than you have available

OVERDRAFT

20

a percentage price charged on borrowed money

INTEREST

20

to have the ability to withdraw money from an account

ACCESS

20

an electronic cash machine

ATM

20

money is to move it from one places to another

TRANSFER

20

an amount of money for a particular service

FEE

20

money borrowed from the bank in order a loan to buy a car

AUTO LOAN

20