Unit 8- Looking Forward

Front

A person who purchases goods and services for personal use

Back

Consumer

Front

The process of comparing the price of different products or services

Back

Cost Comparison

Front

A process by which business decisions are analyzed, the benefits of a given action are summed, and then the costs associated with that action are subtracted

Back

Cost-Benefit Analysis

Front

The federal health insurance program for people who are 65 or older; certain younger people with disabilities

Back

Medicare

Front

Financially sound enough to justify the extension of credit; includes factors such as repayment history and credit score

Back

Creditworthy

Front

A requirement, necessary duty, or obligation

Back

Needs

Front

An estimate of income and expenditure for a set period of time

Back

Budget

Front

A person who is employed to provide financial services or guidance to clients

Back

Financial Advisor

Front

A reduction in the value of an asset with the passage of time

Back

Depreciation

Front

The cost required for something; the money spent on something

Back

Expense