Words that end in "T"
Anything that an individual or business owns that has momentary value
What is -Asset
the action or process of reducing or paying off debt with scheduled, pre-determined installments that include principal and intrest
what is- amortization
an expense in your budget that you can expect to stay the same or close to it, over time
what is- Fixed expenses
equity ownership in a corporation or financial asset, owned by investors who exchange capital in return for these units
what is-share
the money that you originally agreed to pay back
what is-principal
an estimate of income and expenditure for a set period time
what is-budget
an increase in value of an asset over time
what is-
appreciation
mandatory contributions levied on individuals or corporations by a government entity
what is-taxes
a prediction of your credit behavior, such as how likely you are to pay back a loan on time, based on info from for credit reports
what is-- credit score
removing funds from a bank account, saving plan, pension, or trust
what is-withdrawal
the ability to borrow money or obtain goods and services before payment with promise that you'll repay it in the future, often with interest
what is-credit
the reduction in value of an asset over time
what is- deapreciation
expenses that change in amount from month to month
what is- variable expenses
a secured loan used to finance real estate where the property itself serves as collateral meaning the lender can seize it if the borrower defaults on regular principal and interest payments
what is- mortgage
a payment card that deducts money directly from a consumers checking account when its used
what is-debit card
the maximum amount of money a lender will allow you to spend on a credit card or line of credit
what is-credit limit
a sum of money that one or more individuals or companies borrow from a bank or other financial institution
what is -loan
compensation paid to employees in exchange for their time and labor
what is- wages
the money that a person or entity receives in exchange for their labor or products, the amount of money property and other items of value received over a set period of time in exchange for service or products
what is-income
placing money into the care of a bank or other financial institution
what is- deposit
a financial liability or obligation owed by one person, the debtor, to another, the creditor
what is-debt
wages withheld from an employees total earnings from the purpose of paying taxes, garnishments, and benefits, like health insurance
what is- payroll deductions
things that are nice to have but are not absolutely necessary
what is- wants
a wage set by contract or by law as the lowest that may be paid to employees
what is-minimum wage
the money you may have available after taxes and deductions are taken out of your pay check
what is- net income