definition to word word to definition definition answer true or false Multiple choice
100
(Annual percentage rate) the cost paid for borrowing money
What is APR
100
cash flow
What is the - total amount of money being transferred into and out of a business,
100
What is a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates.
Credit Union
100
true
true or false the definition of expense is
: The amount of money needed for something.
100
(A) Investment
An amount that is used in order to gain profit.

(A) Investment (B) credit union (C) Inflation
200
(Annual percentage yield) The rate that you can earn on an account for a year.
(Annual percentage yield) The rate that you can earn on an account for a year.
What is APY
200
checking account
What is - type of bank account that allows you to easily deposit and withdraw money for daily transactions
200
What is a card by which money can be withdrawn directly from a bank account without interest.
Debit Card
200
false
True or false the definition for fees is
: Nonprofit organizations that serve to help their members.
:
200
(B) Loan
An amount that is barrowed and expected to be paid back usually with interest.
(A) liability (B) loan (C) Interest rate
300
A retirement savings plan that offers tax benefits while helping you plan for the future
What is 401k
300
credit card
What is- A card that allows you to purchase things on credit
300
What is money owed to a bank or investor
Debt
300
false
True or false the definition for Equifax is: A payment made in exchange for advice or services.
:
300
(C) net income
the amount an individual or business makes after deducting costs, allowances and taxes
(A) liability (B) net worth (c) net income
400
Something that has economic value to a business.
What is Asset
400
compound interest
What is - the interest you earn on interest
400
What is a transaction involving a transfer of money into a bank for safe keeping
Deposit
400
true
true or false the definition for income tax is
: Tax imposed directly on income
400
(A)property tax
A tax paid for property owned by an organization or individual.
(A) property tax (B) routing number (c) liability
500
The amount of money present in a bank (any place that stores money)
What is Balance
500
credit score
What is - A number(score) That lets banks know how willing you are (your capacity) to repay a loan on time and the amount of money the loan is worth.
500
What is an electronic transfer of a payment directly from the account of the payer to the recipient’s account
Direct Deposit
500
true
True or false The definition for interest is
: An amount paid at a particular rate by a borrower to a lender.




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