Java Games: Flashcards, matching, concentration, and word search.

Chapter 19: Money and Banking - (copy)

AB
Line of CreditLoan money that is available to an individual upon demand
Checkbook DollarsMoney that people have in their checking accounts
DepositA sum of money placed in a bank account and held until the individual needs it
MortgageThe money borrowed in order to purchase a home or property
MoneyThe medium of exchange, store of value, and standard of value
BarterWhen you trade goods or services directly for other goods and services
CurrencyPaper money and coins provided by a government
Demand DepositsThe funds in a checking account that are available to the depositor at any time
Time DepositsDeposits left in the bank for months or years
WithdrawalTaking money out of an account
Credit UnionFinancial institution made up of individuals who work for the same company or community organization
InterestThe money banks pay depositors for the right to use their funds
FDICFederal Deposit Insurance company

This activity was created by a Quia Web subscriber.
Learn more about Quia
Create your own activities