|
annual fee |
A yearly fee to have a credit
card |
| ATM card |
A special plastic card that is
used to pay for purchases and deposit or withdraw money from an
ATM machine |
|
balance |
Total amount of money in your
account |
| bills |
A debt that you owe |
| birth certificate |
A form of proof of your age,
it is a paper with your parents' names, your birthday, sex, and
town where you were born. |
| bounce |
When you check you write
cannot be paid because there is not enough money in your account
|
| broke |
When you have no money |
|
cash |
Actual dollars and cents |
| central bank |
The main bank of a country.
The bank that the government uses. |
| charged (as on a
credit card) |
To use a credit card instead
of cash to buy something. You agree to pay for it later.
|
|
check |
A piece of paper that you
write out to pay for debts |
|
check register |
A little book where you keep
track of deposits and withdrawals to your checking account
|
| checking account |
A bank account where you can
get money out easily |
| circulation |
Money that is being used in a country |
| counterfeiters |
People who make fake money |
| credit rating |
A number (or score) that shows
how well you manage your money and pay off your debts |
| currency |
Dollars and cents in
circulation |
|
debit card |
A plastic card used to
purchase things |
| debt |
Money that is owed to someone
else |
| denominations |
How much dollars and cents are
worth: $10, $20, etc. |
| deposit |
Put money in a bank |
| depression |
When the economy is bad and a
lot of people lose their jobs |
|
earning |
Receiving money for services
such as babysitting, mowing the lawn, etc. |
| economy |
How our country uses the
products, natural resources, and services the we produce |
| electronic |
Computers transferring
information and money from one bank to theirs |
| employer |
Your boss |
| expenses |
Things that you buy or spend
your money on |
| exports |
Products shipped outside the
country |
|
financial |
Having to do with money |
| food pantry |
A place where you can donate
food or grocery items for the poor |
| forge |
To make a fake copy of
something |
| full-time |
Generally means working 40
hours a week |
|
give to a good
cause |
Giving money, time, or
services to a non-profit organization |
| giving |
Donating money to a good cause |
| gold ingot |
A rectangular metal bar that
is completely made of gold |
|
hackers |
People who 'break into'
computers to get personal information from them, like passwords,
logins, and account numbers. |
|
I.D. |
Identification like a school
I.D. that lists your name and a picture plus other information
about you |
| import |
Bringing products into a
country |
| inflation |
When prices on lots of things
go up at the same time |
| interest |
Money earned or charged to you
for having money in a bank or borrowing from the bank |
|
lay off |
When companies need to
eliminate jobs of people who are doing good work. This
puts the people out of work and affects the economy. |
| login |
The name you give to get into
an account that you set up online or for an ATM |
|
minimum amount |
The least amount that you can
pay for the month on a credit card |
| minimum balance |
The least amount that you can
have in an account before you are charged extra fees |
| minimum wage |
The least amount of money that
the federal government says you should be paid for each hour
that you work |
| monetary system |
The value of a country's money
and what it is based on. The USA monetary system is based
on the dollar. |
|
negotiate |
To bargain with someone to get
the highest pay for the amount of work that you do or the best
deal for something you have. |
| negotiation |
Bargaining with someone to get
the best deal that you can for something you own or services you
offer |
| non-profit |
Organizations that are set up
to not make a profit |
|
online |
On the Internet |
| oral contract |
A verbal deal that you make |
| overdraft |
Spending more in your account
than you actually have. |
|
password |
A special string of numbers,
letters, or words that is necessary for you to use to get into
an account |
| payment |
Giving a check or cash for a
product or service |
|
raise |
Getting more money in your pay
for doing the same work you usually do |
| register (savings) |
A small booklet where you can
write deposits and withdrawals from your account |
| reserve (holding
money in...) |
Money that stays in the bank
and can't be loaned out |
| routing number |
A number on the bottom of your
check that tells other banks where your bank account is |
|
salary |
A fixed amount that you are
paid each year |
| save |
To put money in a bank and
hold it there without spending it |
| savings account |
A special account where you
can safely hold your money until you need it |
| secure sites |
Internet web sites that are
protected against hackers. There is usually a small, closed lock
in the upper (or lower) toolbar to show you that the site is
safe. |
|
serial numbers |
Two long sets of numbers on a
bank note (bill). One is in the upper left and the other is on
the lower right of the front of the bill. |
| shift |
A certain amount of time that
you work at your job before someone else takes over |
| Social Security card |
A card that your parents get
for you when you are born. |
| Social Security
number |
This number keeps track of all
of the money you make while you are working. It is used to
figure out how much money you will get when you stop working.
It is also used when you set up bank accounts or get a job. |
| spending |
When you buy something |
| statement |
A monthly list of the
deposits, withdrawals, or any activity in a bank account |
|
taxes |
Money that is owed to a
government |
| tip money |
Money that is given to someone
who serves you in some way. This is in addition to paying the
bill. |
| transaction |
Any movement of money in your
bank account, like deposit or withdrawal |
| transfers (as in
money) |
Moving money from your bank to
another bank |
|
vault |
A heavily armored room in a
bank where the bank keeps the money |
|
wages |
Pay you receive for work that
you do that is based on an hourly amount of money |
| watermark |
A light colored symbol that is
put in the background on money. It is hard to copy and is
another way to figure out which money is fake. |
| wheat pennies |
Pennies that were made from
1909-1958 and have a sheaf of wheat on the back |
| will |
A legal paper that tells what
someone wants to have done with their money and property when
they die |
| withdrawal |
Taking out money from an
account |
| withdrawal ticket |
A paper you fill out to take
money out of a bank account |
| working papers |
Papers you need to fill out in
some states to get a job when you are under 18 years old |
