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Banking Vocab

AB
interestmoney the bank pays you for keeping it in the bank
bank statementa report that the bank sends you to show how much money is in your accounts
depositmoney put into a bank account
savings acconuta bank account that pays interest
internet bankingkeeping track of you account using the internet
balancethe amount of money in a bank account
checking acconuta bank accunt from which you can withdraw money using a check or debit card
debit carda card that allows you to take money from your account to pay for things
atmautomatic teller machine; a machine that allows you to take money out of your account
withdrawalmoney taken out of a bank account


Resource Instructor
Louisa County High School

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