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Life Skills Chapter 6

AB
warrantya written statement that promises the product will work for a certain amount of time
standard deductionan amount of money set by the government that takes the place of separate tax deductions
withdrawal slipa piece of paper you fill out to show how much money you are taking out of a bank account
ATMa machine that lets you put money into a bank account or take money out
balancethe amount of money left in an account after the withdrawals are subtracted from the deposits
net paythe amount of money an employee receives after deductions have been taken out of the gross pay
budgeta plan for spending money
minimum balancethe smallest amount of money a person can keep in a bank account without having to pay a fee
paychecka check from an employer to an employee
savings book registera small book you use to record each deposit and withdrawal


charles tippie

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