Financial Terminology Quiz

A fee charged when a check bounces due to insufficient funds

A form that instructs a financial institution to transfer money

The percentage rate showing interest earned in a year

The difference between earnings and debts of a business (correct)

A number indicating borrowing history and creditworthiness (correct)

Payouts to investors based on profit

A rate showing interest earned after a year

An official form instructing a financial institution to transfer money

To allow earning interest on transactions

To charge a fee when a check bounces due to insufficient funds

To represent interest earned in a year

To transfer a specific amount of money from one account to another (correct)

<p>Insuring deposits in banks and examining their safety</p> Signup and view all the answers

<p>The recipient is charged an insufficient funds fee</p> Signup and view all the answers

<p>Pay for things using money from a checking account</p> Signup and view all the answers

<p>A transaction account usually earning interest</p> Signup and view all the answers

<p>'Profit-based payouts to an investor'</p> Signup and view all the answers