Words that start with D
A payment card that deducts money directly from a consumer's checking account when it is used.
What is a Debit Card?
When money is given to another party in exchange for repayment of the loan principal plus interest.
What is a Loan?
All the money you earn before taxes and other deductions are subtracted.
What is Gross income?
A retirement savings plan that offers significant tax benefits while helping you plan for the future.
What is 401K?
An estimate of income and expenditure for a set period of time.
What is a budget?
The cash that the buyer pays upfront in a real estate transaction and other large purchases.
What is Down payment?
The money that you originally agreed to pay back.
What is Principal?
An asset or item acquired with the goal of generating income or appreciation.
What is an investment?
Anything that has current or future economic value to a business.
What is an asset?
A separate savings account used to cover or offset the expense of an unforeseen situation.
What is a Emergency fund?
Placing money into the care of the bank or other financial institution.
What is Deposit?
A agreement between you and a lender that that gives the lender the right to take your property if you fail to repay money you've borrowed plus interest.
What is a Mortgage?
Generally operates as a substitute for cash or a check and most often provides an unsecured revolving line of credit.
What is a Credit Card?
An increase in value over time.
What is appreciation?
Expenses that change in amount from month to month.
What is variable expenses?
A financial liability or obligation owed by one person, the debtor, to another, the creditor.
What is Debt?
Money you may have available after taxes and deductions are taken out your paycheck.
What is Net Income?
A prediction of your credit behavior, such as how likely you are to pay back to loan on time, based on information from your credit reports.
What is a Credit Score?
A security that represents the ownership of a fraction of the issuing corporation.
What is a stock?
Compensation paid to employees in exchange for their time and labor.
What are wages?
The estimated reduction in value of a fixed assets within a fiscal year.
What is Depreciation?
Money given in the form of grants, work-study, loans, and scholarships to help pay for post-secondary tuition and fees, as well as related expenses such as room and board, books, supplies, and transportation.
What is Financial aid?
A specialized computer that allows you to complete bank transactions without the need to see a bank representative.
What is an ATM?
Equity ownership in a corporation or financial asset, owned by investors who exchange capital in return for these units.
What is a share?
An expense in your budget that you expect to stay the same, or close to it, over time.
What is a Fixed Expenses?