Problemas
Directions: Match the following terms on the left with their definitions on the right. Each question is worth 1 point __ 1. A business that offers and sells financial services to people A. Deposit __ 2. The most common type of depository Institution. B. Depository Institution __ 3. Money put into an account. C. Withdraw __ 4. Money taken out of an account. D. Commerdal Bank
Roztwór
Mario
veterano · Tutor durante 10 años
4.4
(265 Votos)
Respuesta
1. B. Depository Institution2. D. Commercial Bank3. A. Deposit4. C. Withdraw
Explicación
## Step 1The first term is "A business that offers and sells financial services to people". This definition aligns with the term "Depository Institution". A depository institution is a financial institution that is legally allowed to accept monetary deposits from consumers. This includes banks, credit unions, savings and loan associations, and others.## Step 2The second term is "The most common type of depository Institution". This definition aligns with the term "Commercial Bank". Commercial banks are the most common type of depository institution. They are financial institutions that are legally allowed to accept monetary deposits from consumers.## Step 3The third term is "Money put into an account". This definition aligns with the term "Deposit". A deposit is money that is put into an account.## Step 4The fourth term is "Money taken out of an account". This definition aligns with the term "Withdraw". To withdraw means to take money out of an account.