WorksheetsFInance Vocabulary
Total questions: 28
Worksheet time: 14mins
generous gift of money or time to a person or organization
Variable Expense
Charitable Donation
same amount of money earned on a set interval basis, such as monthly or quarterly
Fixed Income
Variable Income
amount of money earned is not the same each pay period
Variable Income
Fixed Income
a bill, such as monthly rent, which is the same each month
Variable Expense
Fixed Expense
a bill, such as a utility bill, which is a different amount each month
Variable Expense
Fixed Expense
money without a specific purpose left over each month after all bills have been paid
Discretionary Expense
Variable Expense
amount of a paycheck one gets to keep after taxes and other deductions are taken out
Take-home Pay
Variable Income
strong, usually irresistible, impulse to perform an act against a person’s usual behavior
Compulsive Behavior
Impulse
sudden, involuntary inclination prompting one to take an action which is not well thought-out
Charitable Donation
Impulse
schedule of recurrent times in any regular system of preparing or sending bills
Billing Cycle
Payment Schedule
(a business or institution) initiated or operated for the purpose of making a profit
For-Profit
Billing Cycle
not established for the purpose of making a profit
For-Profit
Nonprofit
cash withdrawn by using a debit card and entering a PIN in an ATM
Billing Cycle
ATM Withdrawals
log of deposits and withdrawals from a checking account
Checkbook Register
Account Balance
balance of an account on the day the bank runs the bank statement
Closing Balance
Pending Balance
money put into an account
Deposit
Withdrawal
acronym for electronic fund transfer; money transferred from one account to another without a person having to manually write a check or make a deposit
ATM
EFT
specific listing of individual pieces or units of information
Itemization
Closing Balance
(of a statement) balance of an account on a current month’s statement which was used as the ending or closing balance in the previous month’s statement
Closing Balance
Opening Balance
moving money from an account, whether paying expenses, making transfers to other accounts, getting money from an ATM or making purchases
Withdrawals
Deposits
balance bookkeeping account information to be consistent with the bank’s bookkeeping of the same account information
Reconciliation
Itemization
payment earned on a variable schedule of daily or weekly basis, money received for services or work preformed by the employee hourly
Wages
Salaries
payment earned on a fixed schedule of bi-weekly or monthly; money received for services or work preformed by an employee as an annual sum
Salaries
Wages
money paid at a rate for the money which is being loaned out
Wages
Interest
payment set by landlord for tenants use of property
Wages
Rent
earnings paid to shareholders by a company from its profits
Interest
Dividends
profit made from investment
Capital Gain
Dividends
one-way payment of money for which no service or good is exchanged
Transfer Payments
Opening Balance
