Personal Finance Final Exam

When all deductions are taken out of gross pay, the result is called ____________.

The total amount you earn before deductions are subtracted is known as ____________.

Is money that a person or a business receives in return for working, providing a product or service, or ____________.

Is offered by a financial institution that lets you store your money securely while earning interest.

Is a general term that describes all investors' transactions involving the buying and selling of stock shares issued by a company.

A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for a premium payment.

The act of leaving one's job and ceasing to work.

Is money's potential to grow in value over time. The relationship between time, money, a rate of return, and earnings growth.

The process of setting money aside to increase wealth over time for long-term financial goals.

The amount subtracted from your gross pay.