Financial Alg Exam
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insufficient funds
a situation in which a check is not processed because there is not enough money in the account to pay it
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minimum payment
the lowest amount that an individual is required to pay on credit card debt
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withdrawal
an amount removed from a bank account
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direct deposit
an amount that is transferred electronically from an employer to an employee's bank account
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finance charge
the interest charged on the money owed to a credit card company
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credit score
a number that represents a measure of a person's credit risk