Finance

A card that borrows money but it has to be paid back

• Debit Card 
• Credit Card 
• Baseball Card 
• Pokemon Card 

Tags

CCSS.6.NS.C.5

A card that uses money directly from your bank account

• Debit Card 
• Credit Card 
• Pokemon Card 
• Baseball Card 

The maximum amount the lender is willing to make available to the borrower.

• Credit Limit
• Credit History
• Creditor
• Debit Limit 

An agreement between a borrower and a lender, where the borrower agrees to repay money with interest over time.

• Loan 
• Interest 
• Income 
• Deposit  

Tags

CCSS.5.NBT.A.2

Revenue is ...

• Money made from selling products
• Money paid to suppliers for materials
• Expenses x Units produced
• Monthly rent payments to landlord

A mortgage is used for ...

• Buying a new machine
• Buying a new vehicle
• Buying land or premises
• Paying staff wages

Anything that is purchased with the hope that it will generate income or be more valuable at a future date.

• investment

• loan

• income

• expense

Comparing the cost of two or more goods or services in an effort to find the best value.

• interest

• investment

• Cost Benefit Analysts

• Cost Comparison

The ability to borrow money. The borrower is expected to pay back a minimum amount each month in addition to any interest added.

• interest

• interest rate

• budget

• credit

The fee for borrowing and using someone else's money.

• expense

• interest

• interest rate

• income