Allowance- a sum of money given to a person on a regular basis

ATM- An unattended electronic machine connected to a data system and activated by a bank customer to obtain cash withdrawals and other banking services

Banks- A business establishment in which money is kept for saving or commercial purposes or is invested, supplied for loans, or exchanged.

Checks- a written order, usually on a standard printed form, directing a bank to pay money.

Credit- confidence in a purchaser's ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment.

Debit cards-a plastic card that resembles a credit card but functions like a check and through which payments for purchases or services are made electronically to the bank accounts of participating retailing establishments directly from those of card holders.

Interest- a sum paid or charged for the use of money or for borrowing money.

Money- any circulating medium of exchange, including coins, paper money, and demand deposits.

 

 

 

 

 

 

 



   


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