Cards Flashcards
Credit
- The trust which allows one party to provide money /resources to another party
Pin
Personal Identification Number
Direct deposit
The deposit Of Funds electronically into a bank account
balance
The ampun of moncy owed on an account.
statement
A Summary of all transactions for a bank account over a set period
check
a written order instructing a bank to Pay a specific sum of money to a designated person
debit
A Payment made, or a Payment owned
debit card
a payment card that deducts money directly from a persons checking account
prepaid card
a type of credit card with a credit limit based on the card holders deposit
credit card
Paymem card issued by A bank/etc, that allows the card holder to borrow Funds For goods
soft skill
skills that are desirable in all professions
hard skill
learned abilities acquired & enhanced through practice, repetition & education
intern
a student or trainee that works sometimes w/or without pay
forward
non standardized contact between two Parties to buy / sell an asset
sender
-person giving the instruction to the receiving bank