Details Title: Biz Town Vocab Description: Words for Biz Town Total Flash Cards: 13 Created: 11/05/2007 11:29:38		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Economics Flashcards
Cards in this set: Term applicant Definition a person who requests or seeks something such as a job Term checking account Definition an account that allows the owner to write checks against deposited money Term check register Definition a booklet for recording the money that is put in or removed from the checking account Term checks Definition written orders to a bank to pay a certain amount from a checking account to another person or business Term credit card Definition a card that allows the holder to buy goods and services, taking out a bank loan for the purchases Term debit cards Definition cards that allow customers to electronically and immediately withdraw funds from their accounts Term interest Definition a fee received for the use of money Term job application Definition a form that is completed by people applying for a job Term net deposit Definition the amount of money deposited in any account, minus any cash received Term promissory note Definition a promise to repay a loan within a certain time period Term responsibility Definition a duty Term savings account Definition an account used to hold money that is not needed right away Term team work Definition the cooperative efforts by members of a group to achieve the same overall goal