income
What is GMI?
Total amount of earnings made over a month before any deduction.
What is credit union?
A no-for-profit cooperative that offers bank services and is owned by its members
What is opportunity cost?
The next best alternative given up making a financial choice
What is GAI?
Total pay or earnings made over a one-year period before any dedunctions have been taken.
What is financial institution?
A business that provides money-related service
What is mutual fund?
A collection to stocks or bonds various corporations
What is interest?
A fee received or paid for the use of money
What is mobile banking?
A wireless service that allows financial transactions by using an app or Web browser from a mobile device
What is NAI?
Income amount remaining after a years worth of deductions have been taken
what is online banking?
An electronic way to view account activity and pay bills via the internet and an institutions website
What is income tax?
A portion of one’s personal income paid to a government
A Web based bank ONLY online