JA BIZ TOWN BABYYYY Flashcards
JA BIZTOWN (57 cards)
Economy
how a country makes and manages goods, services, and money
Financial institutions
businesses that provide money related services examples include credit unions, banks, and saving and loans
Bank
a businesses that charges customers for money related services
Credit union
a financial institution owned by its members that provides many of the same services as a bank.
Loan
money borrowed that must be repaid, usually with interest
Civics
The study of governments, public processes, and the rights and duties of citizenship
Transaction
a business agreement or exchange
Paycheck
a check received for work complet…
Endorse
To write a signature on the back of a check.
Income
the money people earn for their work based on the value they bring to the business.
Direct deposit
money straight into your account.
Money tracker
A tool to put in money or to take out money from an account
deposit ticket
A written record of money put into a bank account
Right
The freedom to act in a certain way
Responsibility
a duty to behave in a certain way
Transaction
a business agreement or exchange
Scarcity
A condition which people cannot have everything they want because of limited resources
Credit card
A card that allows the holder to buy good services by taking out a bank loan
Debt card
Your money that you have in your account comes out quick
Ebt card
A card used to be food
Electric payments
Payment you made over your phone a computer
Gift card
A card that is purchased for a certain amount
Prepaid
A card that allows you to only spend the am
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