Financial Concepts and Historical Events

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Debt

Back

owed by one party to another

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Savings

Back

set aside for future use

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Credit

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to borrow money or access goods with the promise to pay later

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Entrepreneur

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person who starts and runs a business

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Battle of Kettle Creek

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Revolutionary War battle in Georgia; Patriot victory

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Special Purpose District

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government unit for specific functions

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Delinquent Act

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act committed by a minor

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Worcester v. Georgia

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Supreme Court case; upheld Cherokee sovereignty

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Interest (related to debt)

Back

of borrowing money, usually a percentage

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Budget

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for managing income and expenses