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Financial Vocabulary Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What does 'splash out' mean?

a)

Spend freely, indulge

b)

Save money

c)

Pay off debt

d)

Support temporarily

2.

What does 'fork out' refer to?

a)

Barely survive financially

b)

Purchase entire ownership

c)

Bribe, pay to influence

d)

Pay, spend money

3.

What does 'get by' imply?

a)

Regular payment usually given by parents

b)

Extra payment based on performance

c)

Barely survive financially

d)

Compare prices

4.

What does 'tide over' mean?

a)

Support temporarily

b)

Deplete supply

c)

Yearly earnings

d)

Payment for use of a product

5.

What does 'pay off' mean?

a)

Pay to eliminate debt

b)

Regular payments

c)

Financial account

d)

Cost of borrowing

6.

What does 'put aside' mean?

a)

Save money

b)

Plastic payment method

c)

Payment for completing a service

d)

Current price in market

7.

What does 'buy off' mean?

a)

Payment for use of a product

b)

Account summary and transaction record

c)

Purchase entire ownership

d)

Bribe, pay to influence

8.

What does 'run out of' mean?

a)

Deplete supply, no longer have

b)

Retirement savings

c)

Regular payment usually given by parents

d)

Extra payment based on good performance

9.

What does 'buy out' mean?

a)

Purchase entire ownership, acquire

b)

Payment for use of a product

c)

Cost of borrowing

d)

Yearly earnings

10.

What does 'shop around' mean?

a)

Bribe, pay to influence

b)

Support temporarily

c)

Compare prices

d)

Payment for completing a service

11.

What is a 'bonus'?

a)

Extra payment, usually based on good performance

b)

Financial account

c)

Payment for use of a product

d)

Regular payments

12.

What is 'commission'?

a)

Payment for completing a service, usually a percentage

b)

Cost of borrowing

c)

Account summary and transaction record

d)

Payment for use of a product

13.

What are 'royalties'?

a)

Regular payment usually given by parents

b)

Yearly earnings

c)

Payment for use of a product or idea

d)

Payment for completing a service

14.

What is an 'allowance'?

a)

Extra payment based on good performance

b)

Cost of borrowing

c)

Payment for use of a product

d)

Regular payment usually given by parents

15.

What is a 'credit card'?

a)

Deplete supply

b)

Retirement savings

c)

Plastic payment method, borrowed money

d)

Payment for completing a service