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A full-service financial institution that offers a variety of services |
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Saving and loan association |
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A financial institution that provides loans and mortgages to customers who hold a saving acount |
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A nonprofit financial cooperative owned by its members |
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A licensed institution that specializes in investing. |
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Insured financial institution |
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One that is insured---as by Federal Deposit Insurance Corporation (FDIC), Savings Association Insurance Fund (SAIF), or Natioanl Credit Union Administration (NCUA) to protect deposits of clients |
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Paper checks or debit cards are used to withdraw money deposited into the account to pay for items |
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Money is deposited into an account to earn interest |
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A plan for saving money for retirement; money tax-deferred until withdrawn |
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A savings account at a credit union |
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Share certificate account |
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A certificate of deposit at a credit union |
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A checking account at a credit union |
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An investment of money in a government or organization |
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An insured interest-earning savings tool with restricted access to funds |
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Groups of stocks, bonds, and other investments managed by an investment firm |
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Purchasing properties as an investment to gain profit |
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Ownership, represented by shares, in a corporation |
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A card used to make a purchases; must be repaid later with interest |
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A loan to purchase a home or other real estate |
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Assistance to consumers with specific areas of financial planning |
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A secured box in a bank used by clients for valuable personal items |
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Using computer networks to make electronic funds transfers among accounts |
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The ability to obtain money from one’s accounts quickly and easily |
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Point-of-sale (POS) transfer |
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Definition
The place where a purchase is made and money is electronically moved |
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Personal Identification Number (PIN) |
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Definition
A unique number kept secured and used to access an account and perform transactions |
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Automated Teller Machine (ATM) |
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Definition
A computer terminal used to transact business with a financial institution |
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Definition
Arrangement for electronically depositing pay/benefits directly into an account |
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Definition
Arrangement for electronically withdrawing funds from an account to pay bills |
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Card storing pre-paid amounts of money to use when making purchases |
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A hand-written document used to pay for purchases using funds in a personal checking account |
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A check bought from a bank with payment guaranteed by the bank |
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A personal check with a bank’s guarantee of payment |
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A way for people with no checking account to send money by mail |
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A check used in place of cash when traveling for greater security |
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A card used for point-of-sale transactions on a checking account |
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A card used for payment through credit with interest accruing |
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Definition
A credit arrangement where the amount of money borrowed continues to change as payments are made and purchases are put on the credit card |
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Definition
A credit arrangement where the amount of money borrowed and the amount to be repaid per month are fixed at the time the installment loan is made |
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Is an outline of steps or action you can take to reach a career goal. |
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Include activities you enjoy, subjects you like, ideas that fascinate you, sports you play, or hobbies you follow. |
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Refer to natural physical and mental talents. |
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Refer to phsical and mental skills developed through learning, trainin, and practice. |
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Are 16 general groupings of occupational and career areas. |
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Is an outline of jobs in a given career field that is availiable at different levels of education and training and experience. |
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Internet education and training programs. |
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Education or training is delivered to a student online. |
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prepares you for a specific type of work. |
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Two year schools offering both academic and occupational courses. |
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Is a short term position with a sponsoring organization that gives the intern an opportunity to gain on the job experience. |
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combination of the on job training work experience and classroom instructions. |
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Reserve Officers Training Corps (ROTC) |
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Definition
To prepare highschool students for leadership roles. |
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Definition
Is learning to pursue after you complete your formal education and training. |
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