TEACHERS
GALLERY
PRICING
SIGN IN
TRY ZURU
GET STARTED
Loop
Audio
Interval:
5s
10s
15s
20s
60s
Play
1 of 34
Slide Notes
Download
Go Live
New! Free Haiku Deck for PowerPoint Add-In
Untitled Haiku Deck
Share
Copy
Download
0
24
No Description
View Outline
MORE DECKS TO EXPLORE
PRESENTATION OUTLINE
1.
BANKING UNIT
AMANDA KAISER
2.
FLOAT TIME
amount of time between when an individual writes/submits a check and when the bank receive instructions to move funds
3.
PAY BY PHONE
Mobile payment; paying by an mobile device
4.
DEBIT CARD
Plastic payment card that provides card holders electronic access to their bank account
5.
PIN
Personal identification number
Security requirement to access bank account via debit card
6.
POINT OF SALE TERMINAL
A computerized replacement for a cash register
7.
RECURRING PAYMENT
Payments are handled automatically with any reminders being delivered when needed/receipts sent are each payment is processed
8.
PRIVACY POLICY
Statement/legal document
Discloses the ways a party gathers, uses, and manages a client's data
9.
REGULATION E
Outlines the rules/procedures for EFTs & outlines guidelines for those who sell and issue debit cards
10.
ONLINE BANKING
Internet banking that allows consumers to complete transactions w their bank from a PC/phone
11.
ONLINE PAYMENT
Allows consumers to send money from one account to a vendor
12.
STOCK
The capital raised by a business/corporation through the issue & subscription of shares
13.
LOAN
Something that is borrowed, especially a sum of money that is expected to be paid back with interest
14.
MORTGAGE
The charging of personal property as security for a debt, onsite on that it will be returned on payment within a certain period
15.
SAVINGS ACCOUNT
An account in which money normally is deposited to earn interest
16.
INTEREST RATE
The % used annually to calculate the total interest gained/lost from an account supplied by a depository institution
17.
CREDIT UNION
Non-profit cooperative institutions that often charger lower fees and loan rates than other depository institutions
18.
SAVING & LOAN ASSOCIATIONS
Focus on providing loans/mortgages to customers as well as offering both savings & checking accounts
19.
FEDERAL DEPOSIT INSURANCE CORPORATION
Federal government agency which insures federally chartered commercial banks/SLAs against loss
20.
NATIONAL CREDIT UNION ADMINISTRATION
Provides insurance protection for credit unions
21.
COMMERCIAL BANKS
Offer wide variety of services: checking/savings accounts, loans, credit cards, investments & financial counseling
22.
ELECTRONIC BANKING
Allows 24 hrs access to move money electronically in a fast/paperless way
23.
DEPOSITORY INSTITUTION
Businesses which offer multiple services in banking and finance
24.
BOUNCING A CHECK
A check that cannot be processed because the writer has insufficient funds
25.
INTEREST EARNING ACCOUNTS
An amount earned by a company on its interest bearing bank accounts or other investments
26.
CHECMING ACCOUNTS
Paperchecks/debit cards that are used to withdraw money from the account to pay for things
27.
CHECK 21
A current trend in EFT that is changing banking dramatically
28.
BANKA PROFIT BY...
Using depositor's money to make loan
29.
UNSAFE BANKING PRACTICES
Authorizing payment through email
30.
DIRECT DEPOSITS
Allows paycheck/benefit checks to be directly deposited into a specific depository institution account
31.
DIRECT PAYMENTS
Authorize bills to be paid by a specified depository institution account
32.
INTEREST
The amount of $ that is gained/lost when accessing services offered by a depository institution
33.
RISK OF LOSS
Used to determine which party should be responsible for occurring to products after a service transaction has been completed prior to delivery
34.
FEDERAL RESERVE BANK
Part of the central banking system in the United States
Amanda Kaiser
×
Error!