Financial Definitions TEST

Front

Debt

Back

Definition: something, typically money, that is owed or due.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

Salary

Back

The money paid for employee services.

Front

Credit Card

Back

A plastic card used to make purchases now and pay for them later.

Front

Personal Finance

Back

All of the decisions and activities of an individual or family regarding their money, including spending, saving, budgeting, etc.

Front

Deposit

Back

Definition: to put money into an account.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

Interest

Back

The cost of borrowing money, usually expressed as a percentage of the amount borrowed.

Tags

CCSS.7.RP.A.3

Front

Expenses

Back

The costs incurred in the process of earning revenue.

Front

Credit Score

Back

A numerical expression based on a level analysis of a person's credit files, representing the creditworthiness of that person.

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

Front

Withdrawal

Back

Definition: to take money out of an account.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C