ATM - Often called a cash point machine. Customers can check their account, withdraw money and carry out other banking services., Bank Balance - Shows the amount of money held in a bank account, Cashpoint Card - A plastic bankcard which enables you to take money out of your account via a cash machine. You can’t buy anything with this card; you can only use it to get cash out of a cash point machine., Credit Card - A plastic card issued by a bank or business which allows the customer to borrow money to pay for goods or services., Credit Rating - an estimate of a person’s ability to fulfil their financial commitments (eg. repay loans or pay bills), based on previous dealings., Debit card - A plastic bank card which allows customers to draw money from their account electronically or pay directly at a shop., Goods and Services - Goods are items which can be bought e.g. food, clothes. Services are events that can be bought e.g. a haircut or a trip to the dentist., Interest Rate - the percentage of the original loan that is charged as interest and needs to be paid back on top of the original amount of money borrowed., PIN - Personal Identification Number. A secret four-digit number which is used to give you access to an account, Receipt - Gives you evidence of what you have bought, Voucher - Gives the customer a special deal, for example, a reduction in cost or a free gift, or it could be a gift voucher for you to give someone else as a present.,

Money Management - financial services glossary

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