Career ED 1

What is a Mortgage?

• a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

• Registered Retirement Savings Plan

• A payment that usually includes interest.

• a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.

What is a pension?

• a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

• Registered Retirement Savings Plan

• Liquid assets

• a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.

What is an Investment?

• The profit you make off of putting your money into something

• the action or process of investing money for profit or material result.

• entering your money into a stock exchange

• a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.

What is a tax?

• a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

• the action or process of investing money for profit or material result.

• a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

• a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.

What is a RRSP?

• Registered Retirement Savings Plan

• Regional Recipes Served Periodically

• Rats Reliving Sour Patches

• Regstered Regrowth Saving Plan

What is interest?

• Registered Retirement Savings Plan

• money paid regularly at a particular rate for the use of money lent, or for delaying the of a repayment debt.

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

• A stock market

What is a loan?

• When someone lends you their badminton racket in PE

• money paid regularly at a particular rate for the use of money lent, or for delaying the of a repayment debt.

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

• A stock market

What is a Stock Market?

• Loans that collect interest

• money paid regularly at a particular rate for the use of money lent, or for delaying the of a repayment debt.

• The Broth Store

• A stock exchange

What is income tax?

• the portion of annual earnings that's paid to the government

• a tax put on Canadians to lessen the carbon footprint

• taxs put on goods and services

• the availability of liquid assets to a market or company.

What is rent?

• the portion of annual earnings that's paid to the government

• a tenant's regular payment to a landlord for the use of property or land.

• a contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment.

• the availability of liquid assets to a market or company.