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Home > Flashcards > Economics > Biz Town Vocab

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Title: Biz Town Vocab

Description: Words for Biz Town

Total Flash Cards: 13

Created: 11/05/2007 11:29:38

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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



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