Practice of financial, insurance and technical terms

Insurance, financial, technical terms

Financial support that a person is ordered by a court to give to their spouse during separation or following divorce; maintenance.

ALIMONY

A written statement confirmed by oath or affirmation, for use as evidence in court.

AFFIDAVITT

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an amount that is or may be deducted from something, especially from taxable income or tax to be paid.

DEDUCTION

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

BUDGET

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Multiple Choice

What is an alimony? Don't look back!

• an amount of money you have to pay to avoid having problems with your ex partner

• an amount of money you have to pay to buy a house

• an amount of money someone has to pay for maintenance to children

• an amount of money you have to pay for pets' mainetance

The action of making new or secret information known.

DISCLOSURE

A statement that denies something, especially responsibility.

​DISCLAIMER

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A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

LOAN

A deficit in a bank account caused by drawing more money than the account holds.

​OVERDRAFT

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Multiple Choice

A disclaimer is the action of making new or secret information known.

• False

• True

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