WorksheetsFinancial Terms
Total questions: 14
Worksheet time: 7mins
Loan term
The interest rate applied to the loan.
The length of time which a borrower agrees to repay a loan.
The total amount of money borrowed.
The penalties for late payments.
Commodity
Raw materials like oil, gold, wheat, and cattle, traded in large volumes for their intrinsic value.
Products that are manufactured and sold in retail stores.
Services provided by professionals in various fields.
Items that are considered luxury goods and are not essential.
Debit
A transaction that adds funds to your bank account.
A transaction that removes funds from your bank account.
A type of credit card transaction.
A method of transferring money between accounts.
Grant
A type of loan that must be repaid
Money or property given by a government, foundation, or corporation to fund specific projects
A tax imposed on individuals or organizations
A donation that requires a specific return on investment
Finances
The study of physical health and wellness.
The management, creation, and study of money.
The process of learning new languages.
The analysis of historical events.
Budget
A detailed report of your financial history.
A simple plan for your money, tracking how much you earn (income) versus how much you spend (expenses) over a set time.
A list of all your debts and liabilities.
A strategy for investing in stocks and bonds.
Credit
Getting something of value now with a promise to pay for it later, usually with interest.
A type of loan that does not require repayment.
A method of saving money for future purchases.
A financial term that refers to the act of borrowing without interest.
Supply
The total quantity of goods produced in a country.
The amount of a good, service, asset, or labor available in the market, driven by what producers are willing to offer at different prices.
The demand for goods and services in a market.
The total revenue generated from sales of goods.
Principal
The original amount of money borrowed or invested.
The interest earned on an investment.
The total amount of money after interest is added.
The fees associated with borrowing money.
Savings
The money one has saved, especially through a bank or investment plan.
A type of loan provided by banks.
The total amount of money spent in a month.
A financial plan for retirement.
Stocks
Equities or shares, partial ownership in a company.
A type of bond issued by corporations.
A form of currency used in trading.
A government-issued financial instrument.
Interest
Cost of borrowing money or the return for lending it, typically a percentage.
A fee charged for using a credit card.
The amount of money saved in a bank account.
A type of investment that guarantees returns.
Scholarship
Financial aid awards that do not need to be repaid, given for strong grades, financial need, or specific student characteristics.
Loans that must be repaid with interest after graduation.
Grants that are awarded based on athletic performance only.
Work-study programs that require students to work part-time while studying.
Demand
The willingness of consumers to purchase goods only when they are on sale.
The desire and ability of consumers or investors to purchase goods, services, or financial assets.
The total amount of goods and services available for purchase in an economy.
The amount of goods that producers are willing to sell at a given price.
