Math Vocab Unit #2

Front

What is the term for money earned minus expenses?

Back

Profit

Front

What do we call money earned or received?

Back

Income

Front

What is the answer to an addition problem called?

Back

Sum

Front

What is an establishment that focuses on financial transactions such as investments, loans, and deposits?

Back

Financial Institution

Front

What do we call payment for goods and services?

Back

Expense

Front

What is the term for the total amount of money received before any expenses are deducted?

Back

Revenue

Front

What do we call the difference between total income and total expenses?

Back

Net Profit

Front

What is the term for money that is spent?

Back

Expense

Front

What do we call a financial plan that outlines expected income and expenses?

Back

Budget

Front

What is the term for a loan that must be paid back with interest?

Back

Debt