Personal Finance - Unit 4 Review

1. an amount of money that is set aside to be used for a future purpose (short term goals)

• Savings

• Interest

• Wealth

• Inflation

1. putting money to use in a venture that offers the possibility of growing in value as interest, income, or increased value.

• Savings

• Investing

• Wealth

• Inflation

1. The value of all the assets of worth owned by a person, community, company, or country.

• Savings

• Investing

• Wealth

• Assets

1. the decline of purchasing power of a given currency over time.

• Inflation

• Deflation

• Liability

• Rate of Return

1. payment received in return for use of your money.

• Stock

• Dividends

• Rate of Return

• Earned Interest

1. share of profits some companies pay to their stockholders

• Earned Interest

• Stock

• Dividends

• Assets

1. something of value that can be turned into cash

• Savings

• Investments

• Asset

• Wealth

1. degree to which an asset gains or loses value over a given period of time

• Rate of Return

• Wealth

• Investing

• Diversification

1. uncertainty of achieving a desired result

• Liability

• Stocks

• Savings

• Risk

1. helps to raise money to run a business

• Stocks

• Investments

• Wealth

• Inflation