Financial Terms

4. A written statement saying that money or goods have been received
10. Amount of money left after deducting allowances, taxes, insurance
13. Giving to worthy causes to help others, will increase self-esteem and money management skills
14. Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
15. Completely run out of money
16. An account at a bank against which checks can be drawn by the account depositor.
17. Amount of money owed to the government
18. The amount of money left over after all expenses have been paid
20. Take and use something that belongs to someone else with the intention of returning it - such as money
21. Keep and store up (something, especially money) for future use.
25. Does not build credit – you can only withdraw the amount of money that you have in the account
26. A number to determine credit worthiness – can range between 300-850
29. An account where one sets aside money for another time or use and that earns interest.
30. A statement that has information about your previous financial activity – used to determine a specific score

1. Funds or the management of funds
2. A specialized computer that allows a person to check account balances, withdraw or deposit money, and print a statement of account activities or transactions
3. A system of money in general use in a country
5. Remove or take away money from an account
6. The state of owing money
7. Enables the card holder to borrow funds from the institution
8. A specific goal that is attainable and realistic with a time limit and way to measure success
9. Expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property, or by using it to develop a commercial venture
11. Institution that exists virtually on the internet, offer the same services and insurance but there is almost no interaction with an actual person
12. A repayment of a sum of money, typically to a dissatisfied customer.
19. Pay off the smallest loan first then use the extra money to pay off the next smallest loan
22. The cost required for something, the money spent on something
23. Membership owns the actual financial institution
24. Consists of all wages, tips and salary before taxes are taken out
27. A financial establishment that may be owned by small groups or shareholders of large corporations
28. Knowing how much money is coming in and having a plan for how to spend it
30. Money in coins or notes – not to include checks, money orders or credit