Finance

Front

Anything that is purchased with the hope that it will generate income or be more valuable at a future date.

Back

investment

Front

Comparing the cost of two or more goods or services in an effort to find the best value.

Back

Cost Comparison

Front

Money borrowed from a bank.

Back

loan

Front

The ability to borrow money. The borrower is expected to pay back a minimum amount each month in addition to any interest added.

Back

credit

Front

Cost paid to secure a good or service.

Back

expense

Front

The fee for borrowing and using someone else's money.

Back

interest

Front

Payment received for goods or services, including employment.

Back

income

Front

The percentage at which interest is charged or paid.

Back

interest rate

Front

A plan for future spending and saving, weighing estimated income against estimated expenses.

Back

budget

Front

Money owed, usually as a result of borrowing.

Back

debt