Financial Terms

What is a plan for spending or saving money that is made up of income and expenses?

• Chart

• Savings

• Budget

• Spreadsheet

What is the monetary fee your are charged for borrowing money called.

• Interest

• Percentage

• Principal

• Charge

The percentage of interest you either make or pay on a principal.

• Percentage

• Money

• Principal

• Interest Rate

_____ is the short for Automated Teller Machine

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

• Principal

• Loan

• Favor

• Interest

the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

• Loan

• Borrow

• Interest

• Credit

A ______ account is one where your money will earn interest on the deposit amount

A type of loan used to finance the purchase of real estate

• Mortgage

• Interest

• Loan

• Saving

______ skills refers to the talent expertise a person possesses to perform a certain job or task.

a sum of money lent or invested, on which interest is paid.

• Loan

• Interest

• Credit

• Principal