vocab

Question 1

a type of degree that typically takes two years of full time study after high school and is dedicated training toward a specific career or skill

Answer 1

Associate’s degree

Question 2

a type of degree that normally takes four years of full time study, also known as an undergraduate degree. You can earn a Bachelor of Science or Bachelor of Arts degree.

Answer 2

Masters degree

Question 3

after completing a bachelor’s degree, you can continue on to complete a master’s program in a variety of fields. This type of degree typically takes one or two years, but can sometimes be completed on evenings and weekends, while you’re working full-time.

Answer 3

Bachelors degree

Question 4

a type of degree that is highly specialized in regards to a specific profession and typically takes three to five years to earn after completing your bachelor’s degree

Answer 4

doctoral degree

Question 5

a type of bank account in which interest is not usually applied to the principal, but offers a safe place to store your money and allows you to make withdrawals using an ATM card, debit card or personal check.

Answer 5

_checking account

Question 6

_ a payment type that does not automatically draw money from your checking account. It provides a short-term loan from the credit card company. At the end of each purchase period (usually a month), you receive a bill with all of your charges. You will have the option to pay off your balance (the amount you owe) or pay the minimum payment. If you do not pay your entire balance, you start to pay interest on the money you owe.

Answer 6

credit card_

Question 7

a payment type that allows you to make purchases using money directly from your checking account

Answer 7

debit card

Question 8

when money is added into a bank account, also know as a ‘credit’

Answer 8

deposit