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#PF2.Q1 Personal Finance Vocabulary Part 1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The physical form of money, such as coins or paper money.

SYNONYMS

money, currency, dough

a)

Cash

b)

Credit

c)

Check

d)

Debit

2.

A record or statement of financial expenditures or receipts, often related to a bank or credit union.

SYNONYMS

ledger, statement

a)

statement

b)

settlement

c)

account

d)

list

3.

Deciding how to spend your money before you actually spend it.

SYNONYMS

allot, earmark, designate

a)

shopping cart

b)

grocery list

c)

wish list

d)

budget

4.

A bank account that allows quick access to money for everyday expenses.

SYNONYMS

deposit account

a)

credit card

b)

checking account

c)

I.O.U.

5.

Obtaining something you want with the understanding you'll pay for it later.

SYNONYMS

loan, advance, prepayment

a)

credit

b)

checking account

c)

debit

d)

deposit

6.

Turning your money over to a financial institution for safekeeping.

SYNONYMS

store away, save, bank

a)

withdraw

b)

deposit

c)

safety deposit box

d)

transfer

7.

A percentage charged when you borrow money. Can also be an amount earned for saving money in a savings account.

SYNONYMS

dividends, returns

a)

sales

b)

percentage

c)

tax

d)

interest

8.

An amount available or owed on an account.

SYNONYMS

accounting, amount, amount owing, statement

a)

sum

b)

subtract

c)

balance

d)

total

9.

Anything that you spend money on.

SYNONYMS

bills, costs, expenditures

a)

sale

b)

deposit

c)

expense

d)

budget

10.

The amount of money left on your paycheck after taxes have been withheld.

SYNONYMS

net income, take-home pay

a)

gross pay

b)

net pay

c)

lifetime pay

d)

tax free pay