6th grade PFL

A legal process designed to help struggling individuals and companies get a fresh financial start by negotiating how to sell property or discard/repay portions of unmanageable debt

• Grant

• Bankruptcy

• Debt

• Scholarship

The total amount owed to others

• Deposit

• Fee

• Grant

• Debt

A job, profession, or activity carried out in exchange for payment

• Occupation

• Scholarship

• Borrower

• Credit Report

To take money from someone, knowing that it needs to be paid back, often with extra fees (interest)

• Transfer

• Deposit

• Borrow

• Loan

Verb - to put money into an account

Noun - money that is put into an account

• Deposit

• Savings

• Debit Card

• Annual Salary

Income for one year

• Scholarship

• Annual Salary

• Fee

• Credit Card

 A person who is borrowing money

• Student Loan

• Income

• Lender

• Borrower

An amount charged for a service, for example: 

Monthly service fee

late fee

transfer fee

ATM usage fee

overdraft fee (no money in account)

• Credit Card

• Fee

• Grant

• Withdrawal

A payment made to support a student’s education, awarded for academic or other achievement

• Transfer

• Scholarship

• Check Register

• Work-Study Program

A card that allows someone to borrow money for purchases with an interest rate applied to any unpaid balance at the end of the billing period

• Grant

• Credit Report

• Credit Card

• Loan