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13 Cards in this Set
- Front
- Back
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ATM |
a machine that lets you to take out a certain amount of money |
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Checking account |
For profit depository businesses that lets financial services to both consumers and other businesses |
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Credit Union |
depository institutions that offer many banking services and are owned by their customers |
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debits card |
it's a place card like a credit card but this one is your money out of your own savings and you don't have to pay anyone anything but you do if you have over drafting |
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intrest |
the price paid for using someone else's money |
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interest rate |
the percent rate used to calculate intrest |
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saving account |
your own money you have saved |
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savings tool |
account offered by depository institutions with a main purpose is to help people manager their money |
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commercial bank |
for profit depository business that offer financial services to both customers and other businesses |
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online banking |
allows customers to complete certain transactions from a secured internet access |
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mobile banking |
apps that many depository institutions have developed that allow online banking access from devices such as smartphones,tablets and other mobile devices |
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contact-less payment |
payment transaction that can be complete with no real connections between the payment device and the real point of sale |
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depository in. |
business that provide financial services |
