Finance and Banking by Laura Maldaner https://padlet.com/laurickamaldaner/5jpgclplgcy6 MYP 2 en-us 2018-08-22 17:20:06 UTC 2018-08-22 18:28:19 UTC hello@padlet.com ATM laurickamaldaner https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274675894 The machine used to take money from your bank account and used to deposit ]]> 2018-08-22 18:14:10 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274675894 Withdrawal laurickamaldaner https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274676815 Taking money out of an account]]> 2018-08-22 18:16:58 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274676815 Cheking account laurickamaldaner https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274677069 A bank account that you can take money from it at any time, also known as cheque account]]> 2018-08-22 18:18:01 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274677069 Installments https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274677330 A sum of money due as one of several equal payments for something, spread over an agreed period of time]]> 2018-08-22 18:21:37 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274677330 Income https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274677502  The monetary payment received for services or from other sources, as rentsor investments.

]]> 2018-08-22 18:22:10 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274677502 OVERDRAFT https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678027 An overdraft is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it or not enough to cover the withdrawal.]]> 2018-08-22 18:23:29 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678027 Interest rate https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678139
The usual way of calculating interest— as a percentage of the sum borrowed.

 

Interest: a sum paid or charged for the use ofmoney or for borrowing money


]]> 2018-08-22 18:23:49 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678139 Loan https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678142 A thing is borrowed, especially a sum of money that is expected to be paid back with interest.]]> 2018-08-22 18:23:49 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678142 Mortgage https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678359
  • a conveyance of an interest in property as security for the repayment of moneyborrowed.

    • ]]>     2018-08-22 18:24:26 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678359     REPAYMENTS https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678568 Action of paing back a loan ]]> 2018-08-22 18:25:06 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678568 Debt https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678747
  • something that is owed or that one is boundto pay to or perform for another:a debt of $50.

    • ]]>     2018-08-22 18:25:39 UTC https://padlet.com/laurickamaldaner/5jpgclplgcy6/wish/274678747