Basic Vocabulary
A person who purchases goods and services for personal use.
What is a Consumer?
You will receive something "extra" with your purchase.
What is Bribery?
Expenses that can be deducted before determining taxable income.
What are Deductions?
How often you must file for FAFSA online.
What is Every Year?
Covers expenses related to vision care such as exams, glasses, and eye injury.
What is Vision Insurance?
To make something needed or wanted available to someone.
What is Supply?
Made in USA
What is Patriotism?
Stands for FICA.
What is the Federal Insurance Contributions Act?
The fee that a lender charges a bower for the service of using their money.
What is Interest?
Covers damage to your property due to flooding.
What is Flood Insurance?
Exchange of something of value, especially as part of a compromise.
What is a Trade-Off?
Your life could look as good as these people with this product.
What is Snob Appeal?
Federal Tax Day.
What is April 15th?
The length of a student grace period after graduation or withdraw from college.
What are Six Months?
Provides farmers with financial protection against production losses caused by natural perils such as drought, excessive moisture, hail, frost, wind, and wildlife.
What is Agricultural Insurance?
(Also could be called Crop Insurance)
A person who organizes and operates a business or businesses, taking on greater than normal financial risk in order to do so.
What is an Entrepreneur?
Your skin will be virtually flawless.
What are Weasel Words?
A part of income where no tax is imposed.
What are Tax Exemptions.
Government will pay for interest on this student loan while in school and a grace period.
What is a Direct Subsidized Loan?
Protects a company's financial assets, intellectual property, physical property from a covered loss due to risks such as lawsuits, property damage, theft, vandalism, loss of income, or employee injuries or illnesses.
What is Business Insurance?
The loss of potential gain from other alternatives when one alternate is chosen.
What is Opportunity Cost?
Buy it ahead of the times.
What is Avante Garde?
Amounts that can be deducted from taxes owed.
What are Tax Credits?
Stands for FAFSA
What is a Free Application for Federal Student Aid?
Protects and individual or business if they experience claims resulting from injuries and damage to people and/or property.
What is Liability Insurance?