
Banking Vocabulary

Passage
•
Lindsay Johnson
•
Mathematics
•
12th Grade
•
Hard
47 questions
Show all answers
1.
MULTIPLE CHOICE
30 sec • 1 pt
What is an agreement with a bank in which they keep money and provide financial services for you?
2.
MULTIPLE CHOICE
30 sec • 1 pt
What identifies your account and is required for direct deposit or other EFT transactions?
3.
MULTIPLE CHOICE
30 sec • 1 pt
What is the total amount of money in a banking account at any given time?
4.
MULTIPLE CHOICE
30 sec • 1 pt
What is a for-profit institution that offers personal loans, mortgages, and other services?
5.
MULTIPLE CHOICE
30 sec • 1 pt
What is an app for smartphones that enables the account owner to manage the account, make transactions, and pay bills securely?
6.
MULTIPLE CHOICE
30 sec • 1 pt
Who is the person who receives your bank account if you die?
7.
MULTIPLE CHOICE
30 sec • 1 pt
What happens to a check when it is written for more than is currently in the account and the bank refuses to cash it?
8.
MULTIPLE CHOICE
30 sec • 1 pt
What is one of the offices where a bank or credit union does business?
9.
MULTIPLE CHOICE
30 sec • 1 pt
What is a certificate of deposit stating money has been deposited for a specific time for a specific interest rate?
10.
MULTIPLE CHOICE
30 sec • 1 pt
What is a nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services?
Explore all questions with a free account
Find a similar activity
Create activity tailored to your needs using
21 Savage: We Need Financial Literacy

•
10th Grade
Ledger Accounting and Double-Entry Bookkeeping

•
10th Grade
Savings Accounts Quiz

•
8th Grade
Banking Services Quiz

•
12th Grade
Accounting Equation Quiz

•
12th Grade
Central Bank Digital Currency Insights

•
7th Grade - University
Savings Account Withdrawal Quiz

•
9th Grade
Understanding the Banking System

•
11th Grade