Match the terms to their correct definitions.

1.
Adjusted balance
planning for the distribution of one's estate after death

2.
ATM Automatic (or Automated) Teller Machine
accounts are set up to save for specific purchases

3.
Bond
a share of money earned as profits by a company and distributed to its stockholders

4.
Certificates of deposit (CDs)
a share in the ownership of a company

5.
Checking account
interest figured on the amount of money in the savings account plus the amount of interest already earned

6.
Club account
interest figured only on the amount of money in the savings account

7.
Compound interest
investment instrument in which you purchase a part of a collection of investments

8.
Debit card
an estate, or other property or money, given to a person or institution to manage

9.
Dividend
a trust established while the owner of the trust is still alive

10.
Estate planning
permits the customer to make transactions by using a special computer terminal

11.
Interest
a commitment of money in order to gain a financial return

12.
Intestate
account allows you to write an instruction to the bank, as a check, to make a payment from that account

13.
Investment
like loaning money to the company for interest

14.
Living trust
a sum on deposit usually for a given period of time at a fixed interest rate

15.
Mutual fund
balance after adding the outstanding deposits and subtracts the outstanding checks to the balance on the statement

16.
Simple interest
can be used like a credit card, but money is deducted directly from bank account

17.
Stocks
document that specifies how one desires his estate to be distributed upon his death

18.
Trust
the annual interest ÷ cost

19.
Will
without a will

20.
Yield
the fee a bank pays you to keep your money