Banking Exam Test with Verified Answers Graded A+
1. deposit (v.) Put money into an account
2. withdraw (v.) Remove money from an account.
3. transaction (n.) the action of depositing or withdrawing from your account
4. credit (n.) An arrangement to receive cash, goods, or services now
and pay for them in the future.
5. borrow (v.) to take money from a person or bank and agree to pay it
back to them at a later time
6. bank account (n.) a service offered by a financial institution allowing a cus-
tomer to deposit, save, or withdraw money
7. bank statement A report of deposits, withdrawals, and bank balances sent
(n.) by a bank
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1. deposit (v.) Put money into an account
2. withdraw (v.) Remove money from an account.
3. transaction (n.) the action of depositing or withdrawing from your account
4. credit (n.) An arrangement to receive cash, goods, or services now
and pay for them in the future.
5. borrow (v.) to take money from a person or bank and agree to pay it
back to them at a later time
6. bank account (n.) a service offered by a financial institution allowing a cus-
tomer to deposit, save, or withdraw money
7. bank statement A report of deposits, withdrawals, and bank balances sent
(n.) by a bank
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