
Financial Literacy Vocabulary
Flashcard
•
Mathematics
•
6th Grade
•
Practice Problem
•
Hard
+14
Standards-aligned
Wayground Content
FREE Resource
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15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What does the term savings refer to?
Back
Money placed in a bank account that is not intended to be spent immediately.
Tags
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
2.
FLASHCARD QUESTION
Front
What is a degree that is given to a student by a college or university usually after one or two years of additional study following a bachelor's degree?
Back
Master's Degree.
Tags
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
3.
FLASHCARD QUESTION
Front
What term represents all education that takes place after high school?
Back
Post-secondary education.
Tags
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
4.
FLASHCARD QUESTION
Front
What is the amount of money in a bank account called?
Back
Balance.
Tags
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
5.
FLASHCARD QUESTION
Front
What is a scholarship?
Back
Money to help a student pay for their education.
Tags
CCSS.L.2.4E
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
6.
FLASHCARD QUESTION
Front
What is the purpose of a budget?
Back
To plan and track income and expenses.
7.
FLASHCARD QUESTION
Front
What does interest mean in financial terms?
Back
The cost of borrowing money or the earnings from savings.
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