Retail banking - Vocabulary
13 important questions on Retail banking - Vocabulary
A general development or change in a situation or in poeple's behaviour
All the money received by a person during a particular period
Anything of value owned by a business; for a bank, the loans it has made
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Money that a company will have to pay to someone else one day; for a bank, its deposits
Profitable (describes an activity that makes a profit)
The money earned by a country's poeple in a particular period
A ... is an instruction to a bank to pay varying sums of money to another account on particular dates
A ... pays interest but usually has limits as to how much money can be withdrawn during a certain period of time
A ... lists the recent debits and credits in a bank account
An ... is an arrangement allowing somone to borrow money by withdrawing more than they have deposited in their account, up to a curtain limits
A ... pays no little interest, but usually allows the holder to withdraw cash or pay cheques without any restrictions
A ... is an amount of money borrowed form a bank for a fixed period
A ... is an instruction to a bank to pay regular, fixed sums of money to another account
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