Banking BasicsVersion en ligne Activity for TAP where participants match basic banking terms. par Ashley N. 1 Banking Basics: Vocab! 2 Banking Basics: Definitions Deposit Withdrawal Direct Deposit Savings Account Checking Account Debit Card Credit Card Overdraft Interest Business Day Money you put IN. Money you take OUT Funds that are electronically deposited into your bank account. Set up to SAVE money. Money goes in and stays there. Set up to give you ACCESS to your money. Money goes in and out Money you HAVE. Connected to your checking account Money you BORROW. A company charges you interest to borrow this money. When you spend more than you have in your checking account. Banks may charge you a FEE. FEE you pay when you borrow money. Day in which normal business is conducted.