Financial Planning Vocabulary Test

A sum of money that is owed.

• Debt
• Mars
• Mercury

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.K.5A

Money spent or costs incurred.

• Venus
• Expenses
• Assets

Tags

CCSS.6.SP.B.5B

Items or things belonging to someone; A building.

• Phobos
• Liability

• Property

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.K.5A

An organisation involved in selling goods or services for profit.

• Business
• Decimals

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Borrowing of money.

• Stars
• Loans
• Comets

An agreement between a bank/platform, allowing money and other assets to be held there.

• Savings
• Life
• Accounts

An asset or item required with the goal of generating an income.

• Investments
• Trials

A compulsory financial contribution to the government.

• Tests
• Tax

Tags

CCSS.L.5.5C

Money not spent, the amount left over after spending.

• Business
• Bills
• Savings

Money received for work or investments.

• Income
• Tax