Unit 6 Banking terms to know

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49 Terms

1
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Beneficiary

2
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Checking

3
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Housing

4
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Transportation

5
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Foreclosure

6
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Fixed income

7
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Medicare

8
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Repossess

9
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Savings

10
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Food

11
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Principal

12
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Interest

13
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Bankruptcy

14
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Premium

15
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Company program

16
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Flexible expense

17
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Collateral

18
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Medicaid

19
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Credit Bureau

20
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CD/Money Market/bonds

21
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3 c’s of good credit

22
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Federal reserve banks

23
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Portable

24
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Fed

25
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Federal Reserve system

26
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Medium of exchange

27
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Discount rate

28
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Reserves

29
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Federal funds rate

30
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Banking systems all types

31
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Durable

32
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Discount rate

33
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Board of Governors

34
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Monetary policy

35
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Form of payment

36
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Federal Reserve Board

37
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Check clearing

38
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Reserve requirements

39
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FDIC

40
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Currency

41
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Deposits

42
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Bear and Bull Market

43
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Investments/Portfolios/Liquidity

44
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Mutual Funds/municipal bonds, bonds, hedge, savings,and treasury bonds

45
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Diversification

46
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Principal

47
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Creditor

48
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Life insurance

49
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Mortgage