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Finance Vocabulary

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

What does the word "invest" mean in the sentence "I tried to invest my money in an IT start-up"?

a)

Put your money into a project or business because you want to make more of it

b)

Receive money for your work

c)

Spend money on personal expenses

d)

Save money in a bank account

2.

What does the term "real estate" refer to in the sentence "Real estate prices are going up in my country so it’s more difficult for a young family to buy a house"?

a)

Energy, such as gas or diesel

b)

Land and/or buildings on it

c)

Stocks and bonds

d)

Personal property like cars and furniture

3.

What does the word "stocks" mean in the sentence "I bought some stocks but the company was unsuccessful so I lost my money"?

a)

Documents that allow you to own a small part of a company

b)

Finance board games

c)

Inventory in a warehouse

d)

Savings in a bank account

4.

What does "cash out" mean in the context of the sentence: "I put money in this company a year ago but now it isn’t doing well so I’m going to cash out because I don’t want to lose the money."?

a)

take money back from the company

b)

leave the company

c)

invest more money

d)

start a new company

5.

What does "budget" mean in the context of the sentence: "Planning a monthly budget is my habit."?

a)

amount of money you can spend

b)

amount of money you can spend on travelling

c)

amount of money you can save

d)

amount of money you can invest

6.

What does "waste" mean in the context of the sentence: "I often waste money on things I don’t really need because it makes me feel better."?

a)

carefully save for a long time

b)

use carelessly, with no purpose

c)

invest wisely

d)

donate to charity

7.

What does the term "lease" mean in the context of starting a business?

a)

Use something for free because its owner allowed you

b)

Use something, such as a car or a building, usually for months or years in exchange for money

c)

Make a decision

d)

Have enough money to buy or do something

8.

What does the term "afford" mean in the context of buying something?

a)

Make a decision

b)

Have enough money to buy or do something

c)

Use something for free because its owner allowed you

d)

A part-time job that helps pay for college or university

9.

What does the term "loans" mean in the context of getting an education?

a)

Money that you borrow from a bank and pay back later

b)

A part-time job that helps pay for college or university

c)

Use something for free because its owner allowed you

d)

Make a decision

10.

What happens to the money in your 401(k) account as time goes by?

a)

It decreases

b)

It stays the same

c)

It increases

d)

It disappears

11.

What does your new company do when you change your job regarding your 401(k)?

a)

Stops adding money to your account

b)

Continues adding money to your account

c)

Withdraws money from your account

d)

Transfers the money to a different account

12.

When can you use the money from your 401(k) account?

a)

When you get a promotion

b)

When you retire

c)

When you change your job

d)

When you get a bonus

13.

What is a 401(k) account primarily used for?

a)

Buying a house

b)

Paying for education

c)

Pension

d)

Vacation