Unit 1 Vocab Words & Definitions

Front

A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

Back

Sales tax

Front

A sum of money given by a customer to a waiter or waitress for their service.

Back

Tip

Front

A voucher providing a discount for a particular item when purchased.

Back

Coupon

Front

Money taken off the original cost.

Back

Discount

Front

The amount of money left to pay after a discount has been applied.

Back

Sale price

Front

A document acknowledging that a person has received money after a sale or purchase.

Back

Receipt

Front

A type of bank account that allows a person to deposit and withdraw their money.

Back

Checking account

Front

Allows a customer to take out physical currency from their bank account.

Back

ATM (Automatic Teller Machine)

Front

An amount of money you add to your bank account.

Back

Deposit

Front

An amount of money you take out of your bank account.

Back

Withdrawal