Finance Terms

The amount of money that you actually have available in your account.

• Cash Flow

• Debit

• Credit

• Balance

Movement of money from your account, which is positive if income is greater than expenses, and negative if income is less than expenses.

• Balance

• Cash Flow

• Credit

• Debit

A positive transaction in your account, one that adds money.

• Credit

• Debit

• Balance

• Cash Flow

A negative transaction in your account, one that removes money.

• Debit

• Credit

• Balance

• Profit

Amounts of money spent to buy goods and services for yourself or your business.

• Income

• Minimum Wage

• Expenses

• Profit Loss

Money earned through employment and investments.

• Minimum Wage

• Taxes

• Income

• Profit

The lowest amount of pay per hour that an employee can legally earn.

• Taxes

• Expenses

• Debit

• Minimum Wage

Money that is left after expenses have been paid for from a business or an investment.

• Profit

• Income

• Credit

• Expenses

Money or income that is earned, usually in a business.

• Profit Loss

• Revenue

• Taxes

• Cash Flow

Money collected by the government to help pay for society's expenses.

• Debit

• Debt

• Profit Loss

• Taxes