Match the terms to their correct definitions.
1. Adjusted balance
interest figure...
Mathematics, 14.04.2020 23:34 nathangirnet
Match the terms to their correct definitions.
1. Adjusted balance
interest figured on the amount of money in the savings account plus the amount of interest already earned
2. ATM Automatic (or Automated) Teller Machine
accounts are set up to save for specific purchases
3. Bond
without a will
4. Certificates of deposit (CDs)
planning for the distribution of one's estate after death
5. Checking account
a share of money earned as profits by a company and distributed to its stockholders
6. Club account
permits the customer to make transactions by using a special computer terminal
7. Compound interest
an estate, or other property or money, given to a person or institution to manage
8. Debit card
a share in the ownership of a company
9. Dividend
account allows you to write an instruction to the bank, as a check, to make a payment from that account
10. Estate planning
a commitment of money in order to gain a financial return
11. Interest
investment instrument in which you purchase a part of a collection of investments
12. Intestate
interest figured only on the amount of money in the savings account
13. Investment
can be used like a credit card, but money is deducted directly from bank account
14. Living trust
document that specifies how one desires his estate to be distributed upon his death
15. Mutual fund
the annual interest ÷ cost
16. Simple interest
like loaning money to the company for interest
17. Stocks
a trust established while the owner of the trust is still alive
18. Trust
a sum on deposit usually for a given period of time at a fixed interest rate
19. Will
the fee a bank pays you to keep your money
20. Yield
balance after adding the outstanding deposits and subtracts the outstanding checks to the balance on the statement
pls halp
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