Money Vocab Review

What is the definition of Income?

• A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

• Money received, especially on a regular basis, for work or through investments.

• Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

• Something, typically money, that is owed or due.

What is the definition of Expenses?

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

• The money one has saved, especially through a bank or investment plan.

• The cost required for something; the money spent on something.

• Money received, especially on a regular basis, for work or through investments.

What is the definition of Taxes?

• The cost required for something; the money spent on something.

• Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

• A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

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

What is the definition of Budget?

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

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

• Something, typically money, that is owed or due.

• Money received, especially on a regular basis, for work or through investments.

What is the definition of Loans?

• A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

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

• The money one has saved, especially through a bank or investment plan.

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

What is the definition of Interest?

• Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

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

• The cost required for something; the money spent on something.

• Money received, especially on a regular basis, for work or through investments.

What is the definition of Savings?

• A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

• Something, typically money, that is owed or due.

• The money one has saved, especially through a bank or investment plan.

• Money received, especially on a regular basis, for work or through investments.

What is the definition of Debt?

• Something, typically money, that is owed or due.

• The money one has saved, especially through a bank or investment plan.

• The cost required for something; the money spent on something.

• Money received, especially on a regular basis, for work or through investments.