Term
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Definition
| A full-service financial institution that offers a variety of services |
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Term
| Saving and loan association |
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Definition
| A financial institution that provides loans and mortgages to customers who hold a saving acount |
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Definition
| A nonprofit financial cooperative owned by its members |
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Term
| Insured financial institution |
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Definition
| 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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Term
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Definition
| Paper checks or debit cards are used to withdraw money deposited into the account to pay for items |
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Definition
| Money is deposited into an account to earn interest |
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Definition
| A plan for saving money for retirement; money tax-deferred until withdrawn |
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Term
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Definition
| A savings account at a credit union |
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Term
| Share certificate account |
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Definition
| A certificate of deposit at a credit union |
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Term
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Definition
| A checking account at a credit union |
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Term
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Definition
| An investment of money in a government or organization |
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Term
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Definition
| An insured interest-earning savings tool with restricted access to funds |
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Term
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Definition
| Groups of stocks, bonds, and other investments managed by an investment firm |
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Definition
| Purchasing properties as an investment to gain profit |
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Term
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Definition
| Ownership, represented by shares, in a corporation |
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Term
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Definition
| A card used to make a purchases; must be repaid later with interest |
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Term
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Definition
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Term
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Definition
| A loan to purchase a home or other real estate |
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Term
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Definition
| Assistance to consumers with specific areas of financial planning |
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Term
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Definition
| A secured box in a bank used by clients for valuable personal items |
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Term
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Definition
| Using computer networks to make electronic funds transfers among accounts |
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Term
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Definition
| The ability to obtain money from one’s accounts quickly and easily |
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Term
| 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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Term
| 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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Term
| Automated Teller Machine (ATM) |
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Definition
| A computer terminal used to transact business with a financial institution |
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Term
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Definition
| Arrangement for electronically depositing pay/benefits directly into an account |
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Term
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Definition
| Arrangement for electronically withdrawing funds from an account to pay bills |
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Term
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Definition
| Card storing pre-paid amounts of money to use when making purchases |
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Term
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Definition
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Term
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Definition
| A hand-written document used to pay for purchases using funds in a personal checking account |
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Term
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Definition
| A check bought from a bank with payment guaranteed by the bank |
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Term
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Definition
| A personal check with a bank’s guarantee of payment |
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Term
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Definition
| A way for people with no checking account to send money by mail |
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Term
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Definition
| A check used in place of cash when traveling for greater security |
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Term
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Definition
| A card used for point-of-sale transactions on a checking account |
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Term
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Definition
| A card used for payment through credit with interest accruing |
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Term
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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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Term
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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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Term
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Definition
| An outline of steps or action you can take to reach a career goal, including required courses and training, job-related expereinces, and extracurricular activities or projects |
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Term
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Definition
| Activities, subjects, ideas, sports, or hobbies a person enjoys |
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Term
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Definition
| Natual physical and mental talents |
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Term
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Definition
| Physical and mental skills developed through learning, training, and pratice |
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Term
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Definition
| Sixteen general groupings of occupational and career developed by a partnership among the states, educators, and employees |
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Term
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Definition
| An outline of jobs in a career field that are available at different levels of education and training experience |
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Term
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Definition
| Internet education and training programs |
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Term
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Definition
| Education or trainign delivered to the student online, by mail, or on television, offerering many choices in both individual courses and total program options. |
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Term
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Definition
| Program that prepares students for a specific type of work, available through schools and online |
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Term
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Definition
| Two-year school offering both academic and occupational courses |
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Term
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Definition
| A short-term position with a sponsoring orgainization to gain expereince in a certain field of study. |
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Term
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Definition
| A type of education that combines on-the-job-training, work experience, and classroom-type instruction |
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Term
| Reserve Officers' Training Corp (ROTC) |
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Definition
| Program offered by the military that offers education and training and education,and past work eperience |
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Term
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Definition
| Learning pursued after a person completes formal education and training |
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