Banking: How to Manage Your Money Flashcards

1
Q

checking account

A

an account that enables its holder to easily transfer money to others

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

credit union

A

a business that performs banking services but is owned by its members

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

record

A

to monitor or track a change

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

retail bank

A

a bank that provides services to individuals and businesses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

savings account

A

an interest paying account in which money is placed for extended periods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly