Across
- 2. A person to whom money is paid
- 4. builder loan A product that can help create a new credit history and can have a positive impact on your credit reports and scores. With some products like this, money is deposited into a savings account; you make monthly payments first and can access the money in the account when you have paid the money back. This helps you avoid defaulting on debt while you build a positive payment record.
- 5. fees Bank charges that may be attached to your account
- 8. Banking refers to the use of a smartphone or other cellular device to perform online banking tasks while away from your home computer, such as monitoring account balances, transferring funds between accounts, bill payment and locating an ATM.
- 9. A plan for making and spending money
- 11. banking An electronic way to view account activity and pay bills via the Internet and an institution's website.
- 14. of Deposit a certificate issued by a bank to a person depositing money for a specified length of time.
- 15. A group plan offering prepaid medical care to its members
- 16. A fixed fee that an individual pays for specific medical services, like a visit to the doctor's office.
- 17. Automated Teller Machine
- 20. Occurs when money is withdrawn from a bank account and the available balance goes below zero
- 21. account An account that allows quick access to funds for transactions
- 23. check a check written for an amount more than in your account
- 27. The amount of money borrowed
- 28. funds are: An investment that holds a wide range of different investment instruments, providing diversification
- 30. the action or process of investing money for profit or material result.
- 31. Health savings account---you contribute pre-tax dollars to the account for expected medical expenses for the coming year-often set up through your employer-submit claims and receipts for reimbursement up to amount deposited.
Down
- 1. A person or organization who makes funds available for others to borrow
- 3. Number nine digit bank code used in US on bottom left of checks used to identify the financial institution on which it was drawn, matches to the bank that you bank at
- 5. (banking) The money available in you checking or savings account
- 6. one who makes payment
- 7. money
- 10. fees and charges.
- 12. (banking) taking of money out of a banking account
- 13. statement a statement received monthly from the bank that shows the depositor's bank transactions and balances
- 16. Cashing Service Business that charges a fee to cash a check such as a paycheck. Banks will provide this service for free to their customers.
- 18. transfer service a way of sending or paying money to someone without using cash, usually done on a mobile phone or computer
- 19. reconcile" in banking the process of comparing your company's bank statements to your own records, ensuring all transactions are accounted for. An effective bank reconciliation process can identify any
- 21. card Type of card issued by a bank that allows users to finance a purchase and is borrowed money with interest
- 22. order a written order for the payment of a sum to a named individual
- 24. payment service A banking service that allows you to log on to a website and pay any number of bills from a range of vendors.
- 25. account A financial account maintained by a financial institution for a customer that represents the customer's funds and from which he can make withdrawals.
- 26. account Account that allows you set aside money and pays interest
- 27. card A card that allows you to put a specific amount of money onto them. Prepaid cards usually come with
- 29. card a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account