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WorksheetsPersonal Finance Unit 2 Vocabulary
Total questions: 14
Worksheet time: 7mins
a voucher providing a discount for a particular item when purchased
a deduction from the usual cost of something
a document acknowledging that a person has received money or property of a sale
a type of bank account that allows a person to deposit and withdraw money
automatic teller machine- allows a customer to physically take out money from their bank account
an amount of money you add to your bank account
amount of money you take out of your bank account
the practice of comparing the price of products or services from different vendors before buying, often to find the best deal or price
Comparison shopping
a spending plan based on income and expenses
a card issued by a bank allowing the owner to transfer money electronically when making a purchase
a line of credit that can be used to make purchases, balance transfers and/or cash advances and requiring that you pay back the loan amount in the future
a type of bank account designed for saving money that you don't plan to spend right away
paying off any outstanding debt, or sometimes more than one debt by means of consolidation into an organized payment schedule
Payment plan
Payment settlement
the price you pay to borrow money or the return earned on an investment
