Financial Vocabulary

A type of interest that earns interest on the principal amount and all interest earned.

• simple interest

• withdraw

• loan

• compound interest

Tags

CCSS.7.RP.A.3

the difference between a person's assets and liabilities

• deposit

• interest

• utilities

• net worth

Tags

CCSS.6.NS.C.5

an expense that is the same every month

• variable

• fixed

• interest

• constant

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

money that is earned in exchange for providing goods or services.

• interest

• income

• principal

• assets

Tags

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

to put money into an account

• withdraw

• checking

• deposit

• interest

Tags

CCSS.7.RP.A.2C

a type of interest that only earns interest on the principal

• simple interest

• compound interest

• savings interest

• interest rate

Tags

CCSS.7.RP.A.3

items a person owns with monetary value

• liabilities

• adsets

• checking account

• principsl

to take money out of an account.

• withdraw

• deposit

• principal

• interest

Tags

CCSS.7.RP.A.3

an amount of money that earns interest.

• loan

• withdraw

• deposit

• principal

Tags

CCSS.7.RP.A.3

an account with a bank that has restrictions on how often you can withdraw money.

• checking account

• savings account

• withdrawl

• liabilities

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.4.10