Banzai Vocab #1

Front

Amount left on paycheck after taxes?

Back

Net Pay

Front

Amount available or owed on an account?

Back

Balance

Front

Definition of EXPENSE?

Back

Anything that you spend money on.

Front

Spending plan before actual expenditure?

Back

Budget

Front

Record of financial transactions related to a bank or credit union?

Back

Account

Front

Percentage charged for borrowing money or earned from savings.

Back

Interest

Front

Amount borrowed via loan or credit card?

Back

Principal

Front

Definition of credit:

Back

Obtaining something you want with the understanding that you'll pay for it later.

Front

Turning your money over to a financial institution for safekeeping is called _

Back

Deposit

Front

Checking account: quick access to money for daily expenses.

Back

True