Chapter 12 Review-Vocab Question Preview (ID: 40650)


Vocab Review.

Companies that offer short-term loans to businesses and consumers at higher interest rates than banks charge.
a) Credit unions
b) Brokerage Firms
c) Finance companies
d) Commercial banks

Question ID#: 815333 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

The electronic transfer of a payment directly from the payer's bank account to that of the party being paid.
a) Electronic Funds Transfer
b) Direct Deposit
c) Collateral
d) Bank Account

Question ID#: 815334 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

Financial institutions that offer the entire range of banking services, such as checking and savings accounts, loans, and financial advice.
a) Finance companies
b) Commercial banks
c) Brokerage Firms
d) Credit unions

Question ID#: 815335 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

A system that allows money to be transferred from one bank account to another through a network of computers
a) Direct deposit
b) Collateral
c) Finance companies
d) Electronic funds transfer

Question ID#: 815336 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

Property or goods pledged by a borrower to use as security against a loan if it is not repaid.
a) Safe-deposit box
b) Collateral
c) Bank account
d) Direct deposit

Question ID#: 815337 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

A record of the amount of money a customer has deposited ito or withdrawn from a bank.
a) Bank account
b) Collateral
c) Brokerage
d) Federal Reserve System

Question ID#: 815338 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

Not-for-profit banks set up by organizations for their customers to use.
a) Commercial Banks
b) Finance Companies
c) Credit Union
d) Brokerage Firms

Question ID#: 815339 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

A secure box in a bank's vault used for the safe storage of a customer's valuables.
a) collateral
b) safe-deposit box
c) reserves
d) deposit

Question ID#: 815340 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

The central bank of the United States.
a) Commercial Bank
b) Credit Union
c) Federal Reserve System
d) Chase Bank

Question ID#: 815341 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

Companies that sell stocks and bonds and may also offer a wide range of financial services to their customers.
a) Brokerage firm
b) Credit union
c) Finance company
d) Federal Reserve

Question ID#: 815342 - quick copy the above question directly into your dataset in your teacher account by entering this number into the 'Search by Question ID' under the 'Search for Question' tab during dataset creation [more info]

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