Checking & Savings Accounts Crossword Puzzle

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Checking & Savings Accounts Crossword Puzzle

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QUESTIONS LIST:

  • checking account : a bank account used to write checks for payment; allows for use of a debit card
  • savings account : a bank account used to save money
  • overdraw : withdrawing more money from an account than it holds
  • interest : extra money paid to the bank for money borrowed
  • accrue : a sum of money increasing over time
  • balance : the amount of money currently in an account interest rate the percentage rate set by a bank to determine interest paid
  • loan : an amount of money borrowed from a bank
  • simple interest : interest calculated on the principal loan, or amount borrowed
  • compound interest : interest calculated on the principal loan plus all accrued interest
  • money market account : a bank account that earns interest
  • certificate of deposit : a document agreement to deposit money into an account for a set amount of time at a set interest rate