
BYF Book 1 Key Terms
Authored by Said Dibinga Chota
English
9th - 12th Grade
Used 1+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MATCH QUESTION
1 min • 1 pt
Gross Pay
an itemized list of income and expenses for a given period of time; a plan for spending money
Budget
regular pay, overtime, and other earnings paid to an employee before taxes or any other obligations are deducted
Expenses
basic survival necessities
Needs
a federal, state, or local tax placed on non-essential consumer goods
Excise Tax
outlay of money needed to pay for items, services, etc.
2.
MATCH QUESTION
1 min • 1 pt
Sales Tax
the standard of something as measured against other things of a similar kind
Unit Cost
amount spent on an item or activity that includes all associated expenditures
Quality
tax imposed by many states, counties, and cities on purchases
Total Cost
the price you pay for an item divided by the quantity it contains, based on a standardized measurement
Net Pay
remaining income you take home after taxes and other deductions are made
3.
MATCH QUESTION
1 min • 1 pt
Value
the amount of use or benefit you get from an item
Wants
items a person desires that are not essential
Compounding of Interest
when money is earned on the total amount in the account, including the initial deposit and interest that has already been credited to the account
Deposit
money put into an account
Account Balance
total amount of money that is in the account at a given point in time
4.
MATCH QUESTION
1 min • 1 pt
Future Value
how much a set amount of money will be worth in the future
Interest
percentage you are paid for your money
Discount Factor
the amount that $1 at some point in the future is worth today
Interest Rate
the process of setting money aside to increase wealth over time and accumulate funds for long-term financial goals such as retirement
Investing
money paid to you by the bank for being able to use your money
5.
MATCH QUESTION
1 min • 1 pt
Present Value
a formula designed to help people estimate how long it will take to double their money at a certain expected interest rate
Rule of 72
money taken out of an account
Withdrawal
the process of setting money aside until a future date instead of spending it today
Saving
the value of money right now, today
6.
MATCH QUESTION
1 min • 1 pt
Checking Account
a book or document in which to record the money taken out or put into a checking account. Designed for recording checks, withdrawals, and deposits, it can be updated to fit other methods of banking and spending
Check Register
an account at a bank against which payments can be made based on available funds that are deposited by or on behalf of the account holder
Check
total amount of money that is in the account at a given point in time
Account Balance
handwritten or computer-generated order specifying the amount of money to be paid and the name of the person or company who should receive the funds
Automated Teller Machine (ATM)
a machine that allows you to perform basic banking functions without the help of a teller
7.
MATCH QUESTION
1 min • 1 pt
Digital Payment Service
stealing someone’s personal, identifying information and using it to make purchases or to get other benefits
Minimum Balance
the movement of funds using computer systems, telephones, electronic terminals, or smartphones
Identity Thef
a card that allows the user to withdraw money from a bank account to obtain cash or make a purchase
Electronic Funds Transfer (EFT)
an app or online tool that is provided by a company independent of the bank that holds your checking account
Debit Card
the amount of money that must be kept in an account to avoid service charges, qualify for special service, or earn interest on a checking account
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
11 questions
Can/Cant (reading comprehension)
Quiz
•
12th Grade - University
10 questions
Coorelative conjunction
Quiz
•
9th Grade
10 questions
MODULE 3
Quiz
•
11th Grade
15 questions
question tags
Quiz
•
9th - 12th Grade
10 questions
Mystery Escape Rooms
Quiz
•
12th Grade
14 questions
Words that persuade
Quiz
•
11th Grade
15 questions
Rich/ poor vocabulary quiz
Quiz
•
12th Grade
10 questions
Comparison
Quiz
•
7th - 9th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
29 questions
Alg. 1 Section 5.1 Coordinate Plane
Quiz
•
9th Grade
22 questions
fractions
Quiz
•
3rd Grade
11 questions
FOREST Effective communication
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for English
20 questions
Combining Sentences
Lesson
•
9th Grade
15 questions
ACT Reading Practice
Quiz
•
11th Grade
10 questions
Test Taking Strategies for State Reading Assessments
Interactive video
•
6th - 10th Grade
25 questions
Name that Logo
Quiz
•
10th Grade
10 questions
The Landlady
Quiz
•
9th Grade
30 questions
Vocabulary Review Practice – Set A & B
Quiz
•
10th Grade
10 questions
Multisyllabic Words 1
Quiz
•
4th - 9th Grade
12 questions
IREAD Week 4 - Review
Quiz
•
3rd Grade - University