Debt
A decrease or loss in value?
Deprication
A form of federal or state financial aid that does not need to be repaid.
Grant
To buy an item with credit; paying overtime
Financing
The process of quantifying the costs and benefits of a decision
cost-benefit Analysis
A piece of ownership in a company mutual fund or other investment?
share
A yearly fee that's charged by the credit card company for the convenience of the credit card
Annual fee
A money myth that portrays student loans as the only financial option when it comes to funding one's college education
FAFSA
Latin term for "buyer beware"
Caveat emptor
Having to do with a person's honesty and moral attributes?
Integrity
Degree of uncertainty of return on an asset
risk
A detailed report of an individual's credit history
credit report
A program that allows students to work part-time while continuing their studies
work study
An amount of money you spend, usually $300, that causes some pain to part with
significant purchase
A public sale in which property or items of merchandise are sold to the highest bidder
Auction
Account or arrangement in which one would put their money for long-term growth?
Investment
The time frame that a loan agreement is in force and before or at the end of which loan should either be repaid or renegotiated for another term
loan term
Scholarships
the process of communicating the value of a product or service to customers?
Marketing
Consignment shop
Tax-deferred arrangement for individuals with earned income; individual retirement arrangement?
IRA
Type of card issued by a bank that allows users to finance a purchase?
credit card
A type of higher learning school that focuses on job skill training for specific career fields rather than academics in liberal art
Trade schools
refers to financial opportunity that is given up because you choose to do something else with your money
opportunity cost
Foreclouser
Quality of an asset that permits it to be converted quickly into cash without loss of value?
Liquidity