words that start with A
An increase in value over time.
What is appreciation?
Placing money into care of a bank or other financial institution.
What is a deposit?
A separate saving account used to cover or offset the expense of an unforeseen situation.
What is an emergency fund?
Compensation paid to employees in exchange for their time and labor.
What are wages?
An agreement between you and a lender that gives the lender the right to take your property if you fail to repay the money you've borrowed plus interest.
What is a mortgage?
A specialized computer that allows you to complete bank transactions without the seen to see a ban, representative.
What is an ATM?
A legal proceeding initiated when a person or business in unable to repay outstanding debts or obligations.
What is bankruptcy?
Generally operates as a substitute for cash or a check and most often provided an unsecured revolving line of credit.
What is a credit card?
When money is given to another party to exchange for repayment of the loan principal amount plus interest.
What are loans?
The money that a person or entity receives in exchange for their labor or products; the amount of money, property, and other item of value received over a set period of time in exchange for service or products.
What is income?
Anything that has current or future economic value to a business.
What is asset?
Removing funds from a bank account, saving plan, pension, or trust.
What is withdrawal?
The cash that the buyers pays upfront in a real estate transaction and other purchases.
What is a down payment?
Mandatory contribution levied on individuals or corporations by a government entity.
What are taxes?
The ability to borrow money with the promise that you'll repay in the future, often with interest.
What is credit?
A. retirement savings plan that offers significant tax benefits while helping you plan for the future
What is 401K?
The monetary charge for borrowing, or depositing money and is usually expresses as a percentage of the amount borrowed, or deposited; a charge that borrows pay lenders for a loan.
What is interest?
The money you may have available after taxes and deductions are taken out of your payment.
What is net income?
Expenses that help you live more comfortably.
What is want?
A prediction of your credit behavior, such as how likely you are to pay back a loan on time, based on information from your credit reports.
What is a credit score?
The action or process of reducing or paying off a debt with regular payments.
What is amortization?
An asset or item acquired with the goal of generating income or appreciation.
What is investment?
A wage set by contract or by law as the lowest that may be paid to employees.
What is minimum wage?
The difference between the cost of attendance and the expected family contribution.
What is need?
An item of value that a lender can seize from a borrower if they fail to repay a loan according to the agreed terms.
What is collateral?