Financial Math Fall Semester 2024

summary of financial transactions which have occurred over a given period on a bank account held by a person or business with a financial institution

• bank fraud
• Income statement
• Net Worth Statement
• Bank Statement

certificate issued by a bank to a person depositing money for a specified length of time

• chemical void
• Credit Report
• Variable Interest
• Certificate of Deposit

deposit account held at a financial institution which allows withdrawals and deposits

• check kiting
• Checking Account
• Savings Account
• Credit Score

person's financial debt or obligation

• Inflation
• Liquidate
• Liabilities
• Liquidity

type of savings account which usually earns a higher amount of interest than a basic savings account

• Money Market Fund
• Money Market Account
• Savings Account
• Checking Account

total of an individual's current liabilities and subtracting them from the total current assets

• Net Worth
• Debtor
• interest
• Interest

interest-bearing deposit account held at a bank which provides a modest interest rate

• Savings Account
• Saving
• Checking Account
• Bank Statement

restricting expenses and keeping the unspent money in one's own custody for the purpose of accumulating it

• bank
• spamming
• Saver
• Saving

degree to which an asset can be quickly bought in the market without affecting the asset's price

• Liabilities
• Liquidity
• Annuity
• Liquidate

act of buying an asset to generate returns from it over a period of time while also taking care of risk and volatility

• Investing
• Budgeting
• Inflation
• phishing