What are the words related to banking?
What are the words related to banking?
Banking Vocabulary
| 1 | balance | n. the difference between credits and debits in an account |
|---|---|---|
| 18 | standing order | n. an instruction to a bank to make regular payments |
| 19 | statement | n. a record of transactions in a bank account |
| 20 | withdraw | v. [-drew, -drawn] to take money out of a bank account – withdrawal n. |
What are banking terms?
Basic Banking Terms Deposit: Money that is added to an account. Withdrawal: Money that is taken out of an account. Balance: The total funds that are in an account. Interest: A percentage of an account balance that is paid to the account holder periodically.
How do you describe a bank?
A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes. In most countries, banks are regulated by the national government or central bank.
What do you call someone who uses a bank?
A bank teller (often abbreviated to simply teller) is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. Most teller jobs require experience with handling cash and a high school diploma. Most banks provide on-the-job training.
What are 4 types of bank accounts?
Ans. The different types of bank accounts are – Savings Account, Current Account, Recurring Deposit Account, Fixed Deposit Account, DEMAT Account, NRI Account.
What is bank One word?
The word bank is used as a noun to refer to a place where people deposit money or to a long mound or slope, like a riverbank. A bank is an institution that allows people to deposit money into an account (called a bank account) for safekeeping.
What is another word for bank?
bank(noun) an arrangement of similar objects in a row or in tiers. “he operated a bank of switches”. Synonyms: coin bank, banking concern, camber, banking company, cant, savings bank, depository financial institution, bank building, money box.
What is another word for banks on?
Synonyms for bank. array, assemblage, band, batch, battery, block, bunch, clot,
What is another word for “bank account”?
bank-account | definition: a fund that a customer has entrusted to a bank and from which the customer can make withdrawals | synonyms: giro account, account, checking account, current account, chequing account, business relationship, savings account| antonyms: indirect discourse, direct discourse, debit, credit, unimportance
What are the words related to banking? Banking Vocabulary 1 balance n. the difference between credits and debits in an account 18 standing order n. an instruction to a bank to make regular payments 19 statement n. a record of transactions in a bank account 20 withdraw v. [-drew, -drawn] to take money out of…