financial literacy vocabulary
Flashcard
•
Mathematics
•
9th Grade
•
Practice Problem
•
Hard
+6
Standards-aligned
Wayground Content
FREE Resource
Student preview
15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Credit Card
Back
A payment card that allows the cardholder to borrow funds from a financial institution to make purchases.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
2.
FLASHCARD QUESTION
Front
Inflation
Back
The general increase in prices of goods and services over time, resulting in the decrease in purchasing power.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
3.
FLASHCARD QUESTION
Front
Net Worth
Back
The difference between a person's assets and liabilities, representing their overall financial worth.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
4.
FLASHCARD QUESTION
Front
Saving
Back
Setting aside money for future use or emergencies.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
5.
FLASHCARD QUESTION
Front
Retirement Planning
Back
The process of setting aside funds and making financial decisions to ensure a comfortable retirement.
6.
FLASHCARD QUESTION
Front
Debit Card
Back
A payment card that deducts money directly from a consumer's checking account to pay for a purchase.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
7.
FLASHCARD QUESTION
Front
Mortgage
Back
A loan specifically for purchasing real estate, where the property serves as collateral.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
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