Words you need to Know When Banking
·
Loan-“a sum of
money given to a person with the understanding that it will be paid back with
interest”
·
Interest-“an
amount charged for the use of money”
·
Transfer-“to move
money from one account to another”
·
Deposit-“money put
into the bank”
·
Depositor-“a
person who puts money into their account”
· Investing-“spending money to make more money”
