Study sets matching "finance modern banking"

Study sets
Classes
Users

Study sets matching "finance modern banking"

52 terms
Finance & Banking
Bank
Depository institution
Reserves
Retail banks
Any financial institution
Giving money to it and coming back later to get it. (Deposit/…
Percentage of banks funds that are held for bank.
Similar to commercial banks. Mainly consumers. Provides servi…
Bank
Any financial institution
Depository institution
Giving money to it and coming back later to get it. (Deposit/…
banking finance
Checking Account
Savings Account
Super Now Account
Money market account
An account in the bank that always the money to be deposited…
A bank account that earns interest.
More constant compound with higher interest rates.
is an account that has higher interest rate than a savings ac…
Checking Account
An account in the bank that always the money to be deposited…
Savings Account
A bank account that earns interest.
49 terms
Banking & Finance
non- sufficient funds
money in pocket
identify bank on which check is written
overdraft protection
...
most liquid asset
ABA number on a check is used to...
automatic loan made to you by a financial institution if you…
non- sufficient funds
...
money in pocket
most liquid asset
Modern Banking
List 5 functions of many banks or fina…
2 measures of the money supply
What is M1?
What is M2?
1.risk management... 2. Pension providing... 3. Investment... 4. Depos…
M1... M2
Currency plus demand deposits in commercial banks.
Consists of M1 plus savings deposits including money market d…
List 5 functions of many banks or fina…
1.risk management... 2. Pension providing... 3. Investment... 4. Depos…
2 measures of the money supply
M1... M2
Banking and Finance GES Regulations
Bank Secrecy Act (BSA)
USA PATRIOT Act
Currency Transaction Report (CTR)
Monetary Instrument Log (MIL)
The __________ _______________ ______ requires U.S. financial…
The purpose of the Act is to deter and punish terrorist acts…
As part of the BSA, this form is required to be filled out wh…
As part of the BSA, this form is required to be filled out wh…
Bank Secrecy Act (BSA)
The __________ _______________ ______ requires U.S. financial…
USA PATRIOT Act
The purpose of the Act is to deter and punish terrorist acts…
Banking and Finance
Checking Account
Savings Account
Super Now Account
Money Market Account
an account at a bank against which checks can be drawn by he…
a bank account that earns interest
an account created in 1982 that offers higher interest rate t…
a non-financial account that pays interest based on current i…
Checking Account
an account at a bank against which checks can be drawn by he…
Savings Account
a bank account that earns interest
Banking and Finance GES
Annual Percentage Rate (APR)
Annual Percentage Yield (APY)
Automated Teller Machine (ATM)
Automatic Bill Payment
The cost of credit on a yearly basis, expressed as a percenta…
A percentage rate reflecting the total amount of interest pai…
A machine, activated by a magnetically encoded card or other…
A check-less system for paying recurring bills with one autho…
Annual Percentage Rate (APR)
The cost of credit on a yearly basis, expressed as a percenta…
Annual Percentage Yield (APY)
A percentage rate reflecting the total amount of interest pai…
Banking and Finance
accounting
balance
cash
clerk
kế toán
cân đối
tiền mặt
nhân viên bán hàng
accounting
kế toán
balance
cân đối
10 terms
Banking and Finance
Deposit
Withdrawal
ATM
Debit Card
Adding money to your account
Taking money out of your account
Automatic Teller Machine
Immediately withdraws money from account
Deposit
Adding money to your account
Withdrawal
Taking money out of your account
29 terms
Banking and Finance
two types of deposit accounts
transaction account
demand deposits
most common form of a transaction acco…
transaction accounts and time deposits
an account that allows transaction to occur at any time in an…
payable on demand whenever depositor chooses
checking account
two types of deposit accounts
transaction accounts and time deposits
transaction account
an account that allows transaction to occur at any time in an…
Modern Banking
fed
monetary policy
federal funds rate
adjust the discount rate
regulates bank activity and the money supply. goal is to prom…
policy actions taken by federal reserve to attempt to fix eco…
interest rate banks charge each other, not directly set by fe…
rate commercial banks must pay to borrow from fed
fed
regulates bank activity and the money supply. goal is to prom…
monetary policy
policy actions taken by federal reserve to attempt to fix eco…
Personal Finance Banking Vocabulary
account
assets
ATM
balance
money deposited with a financial institution for investment a…
items of monetary value(house, land, car), owned by an indivi…
Acronym for automated teller machine
an outstanding amount of money. In banking, balance refers to…
account
money deposited with a financial institution for investment a…
assets
items of monetary value(house, land, car), owned by an indivi…
Finance : Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
This Type Of Institution Provides Financial Services Includin…
This Type Of Institution is Operated to Generate a Profit and…
This Type Of Institution Provides Funds to Purchasers of Prop…
This Type Of Institution Does Not Make Loans to or Accept Tim…
Credit Union
This Type Of Institution Provides Financial Services Includin…
Commercial Banking
This Type Of Institution is Operated to Generate a Profit and…
Finance Banking
Credit union
Commercial banking
Mortgage banking
Investment services
This type of institution provides financial services
This type of institution is operated to generate a profit
This type of institution provides funds
this type of institution does not make loans
Credit union
This type of institution provides financial services
Commercial banking
This type of institution is operated to generate a profit
5 terms
Finance Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
This type of institution provides financial services includin…
This type of institution is operated to generate a profit and…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to or accept tim…
Credit Union
This type of institution provides financial services includin…
Commercial Banking
This type of institution is operated to generate a profit and…
Finance : Banking
Credit union
Insurance company
Commercial banking
Mortgage banking
This type of institution provides financial services includin…
This type of institution sells financial services that are pr…
this type of institution is operated to generate a profit and…
This type of institution provides funds to purchases of prope…
Credit union
This type of institution provides financial services includin…
Insurance company
This type of institution sells financial services that are pr…
banking finance
Gross Domestic product
Standard of living
Inflation
budget defict
the total value of goods produced and services provided in a…
the degree of wealth and material comfort available to a pers…
a general increase in prices and fall in the purchasing value…
is an indicator of financial health in which expenditures exc…
Gross Domestic product
the total value of goods produced and services provided in a…
Standard of living
the degree of wealth and material comfort available to a pers…
35 terms
Banking Finance
Account
ATM
Available Balance
Bounced Check
A banking service allowing a customer's money to be handled a…
A specialized computer used by bank customers to manage their…
The amount of money in your account that you can use or withd…
See Non-sufficient funds
Account
A banking service allowing a customer's money to be handled a…
ATM
A specialized computer used by bank customers to manage their…
Banking & Finance
Assets
Budget
Direct Deposit
Discrepancies
Anything of value owned by the business.
Detailed plans for the financial needs of individuals, famili…
Funds are deposited electronically and available automaticall…
Differences between actual and budgeted performance.
Assets
Anything of value owned by the business.
Budget
Detailed plans for the financial needs of individuals, famili…
Banking Finance
Account
Automated Teller Machine (ATM)
Available Balance
Bad or Bounced Check
A banking service allowing a customer's money to be handled a…
A specialized computer used by bank customers to manage their…
The amount of money in your account that you can use or withd…
The lack of enough money in an account to pay a particular ch…
Account
A banking service allowing a customer's money to be handled a…
Automated Teller Machine (ATM)
A specialized computer used by bank customers to manage their…
12 terms
Finance-Banking
Overdraft
ATM
EFT
Reconcile
a deficit in a bank account caused by drawing more money than…
An automated teller machine (ATM) is an electronic banking ou…
Electronic Funds Transfer (EFT) is a system of transferring m…
To make (one account) consistent with another, especially by…
Overdraft
a deficit in a bank account caused by drawing more money than…
ATM
An automated teller machine (ATM) is an electronic banking ou…
Finance Banking
Credit Union
Commercial banking
Mortgage banking
Investment services
This type of institution provides services including saving a…
operated to generate profit and offer a wide variety of servi…
Provides funds to purchases of property such as land and buil…
Doesn't make loans to or accept time deposits from individual…
Credit Union
This type of institution provides services including saving a…
Commercial banking
operated to generate profit and offer a wide variety of servi…
5 terms
finance banking
credit union
commercial banking
mortgage banking
investment services
this type provides financial services including saving and le…
this type of institution is operated to generate a profit and…
this type of institution provides funds to purchasers of prop…
this type of institution does not make loans to or accept tim…
credit union
this type provides financial services including saving and le…
commercial banking
this type of institution is operated to generate a profit and…
Finance / Banking
budget
Funding
investment
tax
financial plan
reserve
...
...
budget
financial plan
Funding
reserve
Finance Banking
Credit union
Commercial Banking
Mortgage Banking
Investment Services
This type of institution provides financial services includin…
This type institution is operated to generate a profit an off…
This type of institution provides funding to purchasers of pr…
This type of institution does not make a loans to accept time…
Credit union
This type of institution provides financial services includin…
Commercial Banking
This type institution is operated to generate a profit an off…
Finance Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
The type of institution provides financial services inccluudi…
The type of institution is operated to generate a profit and…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to or accept tim…
Credit Union
The type of institution provides financial services inccluudi…
Commercial Banking
The type of institution is operated to generate a profit and…
Finance Banking
Credit union
Commercial banking
Mortgage banking
Investment service
this type institution provides financial services including s…
This type of institution is operated to generate a profit and…
type of institution provides funds to purchasers of property…
Institution does not make loans to or accept time deposits fr…
Credit union
this type institution provides financial services including s…
Commercial banking
This type of institution is operated to generate a profit and…
Banking & Finance
balance (bank [countable])
bureau de change (plural bureaux de ch…
accounting ([uncountable])
clerk ([countable])
the amount of money that you have in your bank account
a shop where you can change foreign money
accountancy
someone who keeps records or accounts in an office
balance (bank [countable])
the amount of money that you have in your bank account
bureau de change (plural bureaux de ch…
a shop where you can change foreign money
5 terms
Finance Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
This type of institution provides financial services includin…
This type of institution is operated to generate a profit and…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to or accept tim…
Credit Union
This type of institution provides financial services includin…
Commercial Banking
This type of institution is operated to generate a profit and…
Banking finance
Account
Automated teller machine ATM
Available balance
Bad or bounced check
A banking service allowing a customer's money to be handled a…
A specialized computer used by bank customers to manage their…
The amount of money in your account that you can use or withd…
See Non-sufficient funds
Account
A banking service allowing a customer's money to be handled a…
Automated teller machine ATM
A specialized computer used by bank customers to manage their…
Banking Finance
Account
Automated Teller... Machine (ATM).
Bad or bounced check.
Bank.
A banking service allowing a customer's money to be handled a…
A specialized computer used by bank customers to manage their…
See Non-sufficient funds
A financial institution that handles money, including keeping…
Account
A banking service allowing a customer's money to be handled a…
Automated Teller... Machine (ATM).
A specialized computer used by bank customers to manage their…
14 terms
Banking & Finance
Checking Account
Savings Account
Super Now Account
Money Market Account
...
...
...
...
Checking Account
...
Savings Account
...
Finance: Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
This type of institution provides financial services includin…
This type of institution is operated to generate a profit and…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to or except tim…
Credit Union
This type of institution provides financial services includin…
Commercial Banking
This type of institution is operated to generate a profit and…
5 terms
Finance: Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
This type of institution provides financial services includin…
This type of institution is operated to generate a profit and…
This type of institution provides funds to purchases of prope…
This type of institution does not make loans to or accept tim…
Credit Union
This type of institution provides financial services includin…
Commercial Banking
This type of institution is operated to generate a profit and…
5 terms
Finance: Banking
Credit Union
Commercial banking
Mortgage banking
Investment services
This type of institution provides financial services includin…
This type of institution sells financial services is operated…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to accept time d…
Credit Union
This type of institution provides financial services includin…
Commercial banking
This type of institution sells financial services is operated…
5 terms
Finance: Banking
Credit union
Commercial banking
Mortgage banking
Investment services
This type of institution provides services including saving a…
This type of institution is operated to generate a profit and…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to or accept tim…
Credit union
This type of institution provides services including saving a…
Commercial banking
This type of institution is operated to generate a profit and…
11 terms
Finance: Banking
Sign the back of a check to confirm to…
Save for periodic expenses, for "rainy…
Lenders charge for use of their money
Amount of deposit multiplied by the in…
Endorsing a Check
Savings Account
Interest
Calculate Earned Interest
Sign the back of a check to confirm to…
Endorsing a Check
Save for periodic expenses, for "rainy…
Savings Account
14 terms
Banking Finance
Balloon payment
Credit insurance
Elder financial abuse
Equity
Is a large, lump sum payment that is due at the end of the te…
When you apply for a mortgage or personal loan you may be ask…
The perpetration of a financial crime against elder citizens…
The value of your investment above the total of your lien (de…
Balloon payment
Is a large, lump sum payment that is due at the end of the te…
Credit insurance
When you apply for a mortgage or personal loan you may be ask…
Finance:Banking
credit union
commercial banking
mortgage banking
investment services
this type of institution provides financial services includin…
this type of institution sells financial services that are pr…
this type of institution provides funds to purchasers of prop…
this type of institution does not make loans to or accept tim…
credit union
this type of institution provides financial services includin…
commercial banking
this type of institution sells financial services that are pr…
Finance: Banking
Credit Union
Commercial banking
Mortgage banking
Investment services
This type of institution provides financial services includin…
This type of institution is operated to generate a profit and…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to or accept tim…
Credit Union
This type of institution provides financial services includin…
Commercial banking
This type of institution is operated to generate a profit and…
19 terms
finance: banking
bank account
bank
interest rates
Federal deposit insurance corporation
A banking service allowing a customer's money to be handled a…
insolvent
A fee paid to borrow money
(FDI) A United States government corporation created by the G…
bank account
A banking service allowing a customer's money to be handled a…
bank
insolvent
Banking and Finance
interest rate
bank teller
balance
branch
os juros
o/a caixa
o saldo
a agência
interest rate
os juros
bank teller
o/a caixa
18 terms
Finance-- banking
Commercial banks
Savings and loan
Credit union
EFT
Bank that provides the widest variety of banking services, in…
Traditionally specialized in saving accounts and loans for ho…
A nonprofit organization that provides banking services to it…
move money electronically into and out of your account
Commercial banks
Bank that provides the widest variety of banking services, in…
Savings and loan
Traditionally specialized in saving accounts and loans for ho…
Finance: Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
A financial institution owned by its members that provides sa…
banking services offered to businesses
The origination, servicing, and sale of mortgage loans by a f…
includes stocks and bonds
Credit Union
A financial institution owned by its members that provides sa…
Commercial Banking
banking services offered to businesses
Finance: Banking
Credit Union
Commercial Banking
Mortgage Banking
Investment Services
This type of institution provides financial services includin…
This type of institution is operated to generate a profit and…
This type of institution provides funds to purchasers of prop…
This type of institution does not make loans to or except tim…
Credit Union
This type of institution provides financial services includin…
Commercial Banking
This type of institution is operated to generate a profit and…
16 terms
Banking and Finance - Chapter 5
Direct Deposit
Automated Teller Machine
Debit Card
Point of Sale Transaction
An automatic deposit of net pay to an employee's designated b…
A computer terminal that allows a withdrawal of cash from an…
A cash card that allows you to withdraw money or pay for purc…
A purchase by a debit card of a good or service at a retail s…
Direct Deposit
An automatic deposit of net pay to an employee's designated b…
Automated Teller Machine
A computer terminal that allows a withdrawal of cash from an…
20 terms
Banking and Finance - Chapter 10
Maturity date
Face value
Debenture
Mortgage bond
The date when a bond will be repaid.
The dollar amount that the bondholder will receive at the bon…
A bond that is backed only by the reputation of the issuing c…
A bond that is backed by assets of the corporation, also call…
Maturity date
The date when a bond will be repaid.
Face value
The dollar amount that the bondholder will receive at the bon…
16 terms
Banking and Finance - Chapter 12
Tax Liability
Estate Tax
Inheritance Tax
Income Tax
The total amount of taxes owed.
all property and assets owned by an individual or group.
a state tax collected on the property left by a person to his…
tax on wages, salaries, and self-employed earnings.
Tax Liability
The total amount of taxes owed.
Estate Tax
all property and assets owned by an individual or group.
21 terms
Banking and Finance - Chapter 3
Money Management
Safe Deposit Box
Personal Financial Statement
Personal Balance Sheet
Planning how to get the most from your money.
A small, secure storage compartment that you can rent in a ba…
A document that provides information about an individual's cu…
Also a net worth statement, a financial statement that lists…
Money Management
Planning how to get the most from your money.
Safe Deposit Box
A small, secure storage compartment that you can rent in a ba…
29 terms
Banking and Finance
accounting
balance
bureau de change
cash
kế toán
cân bằng
phòng thu đổi ngoại tệ
tiền mặt
accounting
kế toán
balance
cân bằng
1 of 10