Shared Flashcard Set

Details

Chapter 4
Vocabulary
14
Finance
9th Grade
02/25/2013

Additional Finance Flashcards

 


 

Cards

Term
assets
Definition
money and items of value that you own
Term
budget
Definition
a spending and saving plan based on expected income and expenses
Term
financial goals
Definition
methods used to pay for personal goals
Term
financial plan
Definition
overall plan that contains personal goals you want to accomplish
Term
discretionary income
Definition
the amount of money a person has to spend or save after taxes have been paid
Term
financial planner
Definition
a person who provides financial advice to individuals
Term
identity theft
Definition
using someone elses personal information to comit freud or another crime
Term
financial resoures
Definition
money or items of value people can use to get goods and services
Term
finacial expenses
Definition
expenses that dont change each month
Term
liability
Definition
anydebt you owe that must be paid
Term
net worth
Definition
amount of your assets minus your liability
Term
opportunity cost
Definition
benifits or items given up to get another benifit or item
Term
personal goals
Definition
things a person want to acheive
Term
phishing
Definition
email scam designed to get individuals to give up an item/benfit to get another one
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