Term
| Personal identification number |
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Definition
| your secret number that identifies you to an ATM as the owner of the ATM card |
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Definition
| a bill paying arrangement in which your bank removes money from your account at a specified time and sends it to a company to pay your bill |
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| writing a check for more money than is deposited in your checking account |
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Definition
| your signature on the back of a check, acknowledging that you received the funds or transferred your to the funds to someone else |
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| card that transfers funds electronically from your checking account to the store's account to pay for a purchase |
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Definition
| the ability to borrow money in return for a promise of future repayment. |
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| a plan for dividing income among spending and saving options |
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| a way a save money when shopping for various things |
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Definition
| the amount charged for the use of money you borrow or money you keep in the bank |
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| First step in decision making when thinking about purchasing a car |
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Definition
| Recognizing the need for a car |
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Definition
| Pays for damage done to other people and their property. In Illinois, all car owner's must have this insurance |
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Definition
| price in the window at the dealership. This price is generally discounted in part on eh basis of the buyer's negotiating ability. |
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Term
| How many people die in accidents involving motorists |
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| a check that draws on the money of the bank or other financial business that issued it |
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| a box with individual locks that you may rent from a bank |
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Definition
| checks that you pay for in advance and if lost or stolen, the company that you bought them from replaces them. |
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Definition
| a personal check that has been stamped and signed by a bank |
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Definition
| a timetable for checking systems and replacing parts on a car |
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Definition
| laws that require a car manufacturer to replace or buy back a car that cannot be fixed after repeated tries or has multiple major defects |
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Definition
| when you rent a vehicle by making payments over a stated period of time |
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Definition
| a partial refund of the purchase price |
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| Rebuilt or reconditioned parts |
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Definition
| used parts that were repaired or restored to working order |
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Definition
| a rental contract between a landlord and a tenant. |
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Definition
| refundable money that a landlord requires a tenant to pay befor moving in; used to cover damages or unpaid rent |
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| a loan in which land or buildings are put up as security |
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Definition
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Definition
| cash paid up front when something is bought by payings in installments over time. |
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Definition
| the interest rate stays the same over the entire time of the loan |
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Term
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Definition
| The interest rate goes up after a certain period of time |
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