Vocabulary

 TERMINOLOGIES YOU NEED TO KNOW ** A bank savings ** account allows you to deposit money (add money to your account) or withdraw money (remove money from your account) at any time. In return for **keeping your money** at the bank, the **bank pays you** money, also known as **interest**. 


 * Interest ** is a percentage of the amount you have on deposit that you get on an annual, monthly or quarterly basis, as a payment for allowing them to hold your money, and use it to lend to others 