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100

what is an career

an occupation or profession, especially one requiring special training, followed as one's lifework:

100

 define Collateral

security pledged for the payment of a loan

100


definition:a conveyance of an interest in property as security for the repayment of money borrowed.  

100

what is a credit bureau


a firm that investigates the creditworthiness of and assigns a credit rating to a client's customers or potential customers.

100

defne Compensation

the act or state of compensating, as by rewarding someone for service or by making up for someone's loss, damage, or injury by giving the injured party an appropriate benefit.

200

what is a job

a piece of work, especially a specific task done as part of the routine of one's occupation or for an agreed price:

200

define Take-home pay

the amount of salary remaining after deductions, as of taxes, have been made.

200


loan

definition:the act of lending; a grant of the temporary use of something: 

200

what is a disposable income

the part of a person's income remaining after deducting personal income taxes.

200

define emergency funds 

An emergency fund is a stash of money set aside to cover the financial surprises life throws your way. These unexpected events can be stressful and costly. Here are some of the top emergencies people face: Job loss. Medical or dental emergency.

300

what is an entrepreneur

a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. 


300

what is a financial plan

A financial plan is a comprehensive document that includes details about your cash flow, savings, debts, investments, insurance and other elements of your financial life. A good financial plan takes the stress out of setting and prioritizing goals, and maps out clear strategies for achieving them.

300


credit card 

definition: a card that identifies a person as entitled to have food, merchandise, services, etc., billed on a charge account.

300

what is a lease 

a contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation.

300

what are employee benefits 

Employee benefits, also known as perks or fringe benefits, are provided to employees over and above salaries and wages. These employee benefit packages may include overtime, medical insurance, vacation, profit sharing and retirement benefits, to name just a few.

400

what are savings

tending or serving to save; rescuing; preserving.

400


income 

definition: the monetary payment received for goods or services, or from other sources, as rents or investments. 

400


Bank 

definition: a financial institution licensed to receive deposits and make loans

400

define take home pay

the amount of salary remaining after deductions, as of taxes, have been made.

400


certificate of deposit

definition: a written acknowledgment of a bank that it has received from the person named a specified sum of money as a deposit, often for a fixed term at a specified interest rate. Abbreviation: CD, C.D.

500

what is an asset

items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to liabilities).

500


insurance

definition: the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved. 

500


bankruptcy 

definition: the state of being or becoming bankrupt. 

500

what is expenses

cost or charge:

500


cash flow

definition: the sum of the after-tax profit of a business plus depreciation and other noncash charges: used as an indication of internal funds available for stock dividends, purchase of buildings and equipment, etc.