|
Education
Web
Viewing 1-1 of 1 total results
 Hands On Banking Adults: Teacher's Guide
credit has no collateral attached Mortgage f. The combination of a business' fixed and variable costs Unsecured credit g. Monthly record of your account activity sent by the bank 2. Safe-deposit boxes are secure boxes at the bank to protect your important documents and valuables. Id...
1
0
credit has no collateral attached Mortgage f. The combination of a business' fixed and variable costs Unsecured credit g. Monthly record of your account activity sent by the bank 2. Safe-deposit boxes are secure boxes at the bank to protect your important documents and valuables. Identify some of the items you might want to keep in a safe-deposit box. Yes No Item Birth certificates Loan documents Insurance policies Items that are not replaceable or have sentimental value Savings bonds
28
0
http://www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#page=28
www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#...
are usually required, for example: • Driver’s license or state ID • Passport • U.S. military ID • Alien Registration card • Matricula Consular card OR 1 item from the above list and a major credit card or gas card. And… • Your Social Security number or individual tax ID number (ITIN) • Money to <span class="highlight">deposit</span> – ask if there’s a minimum. Bank requirements may vary, so ask your local bank what they require. • When you open an account, take out a loan, or use other services at a bank, you will be
146
0
http://www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#page=146
www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#...
credit has <span class="highlight">no</span> collateral attached Mortgage f. The combination of a business' fixed and variable costs Unsecured credit g. Monthly record of your account activity sent by the bank 2. Safe-<span class="highlight">deposit</span> boxes are secure boxes at the bank to protect your important documents and valuables. Identify some of the items you might want to keep in a safe-<span class="highlight">deposit</span> box. Yes <span class="highlight">No</span> Item Birth certificates Loan documents Insurance policies Items that are not replaceable or have sentimental value Savings bonds
149
0
http://www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#page=149
www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#...
of credit has <span class="highlight">no</span> collateral attached Mortgage b f. The combination of a business’ fixed and variable costs Unsecured credit e g. Monthly record of your account activity sent by the bank 2. Safe-<span class="highlight">deposit</span> boxes are secure boxes at the bank to protect your important documents and valuables. Identify some of the items you might want to keep in a safe-<span class="highlight">deposit</span> box. Yes <span class="highlight">No</span> Item √ Birth certificates √ Loan documents √ Insurance policies √ Items that are not replaceable or have sentimental value
156
0
http://www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#page=156
www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#...
companies establish credit unions for their employees. To join a credit union, a person must ordinarily belong to a participating organization, such as a college alumni association or labor union. When a person deposits money in a credit union, he or she becomes a member of the union because the <span class="highlight">deposit</span> is considered partial ownership in the credit union. Creditor An individual or business that lends money or extends credit. Creditworthiness A lender’s measure of an individual or company’s ability to pay
157
0
http://www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#page=157
www.handsonbanking.org/nav_elements/teachers_guide_PDF/Adult_T_Guide.pdf#...
HANDS ON BANKING® • TEACHERS GUIDE 157 ADULTS • DICTIONARY • www.handsonbanking.org Direct <span class="highlight">deposit</span> A <span class="highlight">deposit</span> made directly into your account by the payer without the use of a check or <span class="highlight">deposit</span> slip. Typical direct deposits include Social Security payments and automatic payroll deposits. Disclosure A document provided by a lender, such as a bank or credit card company, that details the interest rate, fees, and terms of repayment. Discretionary expense The purchase of goods or services which are
|
