Across
- 2. An account, at a financial institution intended for future use. You can deposit your money and earn a modest amount of interest.
- 4. Taking money out of a bank account.
- 5. The money placed into an account at a bank, such as savings accounts or chequing account.
- 6. The original amount of money in a financial transaction. Either the money deposited in a bank account or loaned by the bank.
- 8. The amount a lender charges a borrower and is a percentage of the principal—the amount loaned.
- 9. Moving money from one place to another. This may occur electronically or physically (e.g. moving money from a savings account to a chequing account).
- 10. Money charged for completing a banking transaction.
- 11. A written record of the activity for a bank account over a monthly period.
- 12. A plastic card linked to a bank account. Can be used to deposit and withdraw money from a bank account and make purchases at stores.
- 13. Offered by a financial institution where customers can put money in and take money out and the financial institution keeps a record of this information.
Down
- 1. A percentage of money paid on both the principal amount and any simple interest earned.
- 3. A percentage of money paid on the principal amount in a bank account.
- 7. An account, at a financial institution intended for regular use. A chequing account typically comes with a debit card and a chequebook.