Income
Money that is not spent, invested, or donated.
What is Savings
To commit money to something in order to get a financial return. To buy a portion of a business.
What is To Invest
A financial system of a community, based on making (producing) and trading (distributing and consuming) things of value. It is usually divided into goods (things made by people) and services (things done by people).
What is an Economy
A financial plan that accounts for resources and expenses.
What is a Budget?
A good or service made by a specific company under a specific name
What is a Brand
An individual's total pay before any deductions, like takes. For a business, it is the profit remaining after the costs of producing and selling its products/services.
What is Gross Income
a charge for borrowed/loaned money.
What is Interest
The business of promoting and selling goods and services
What is Marketing
The excess of the selling price of goods or services over their production cost.
The negative difference between the selling price of goods or services and the production cost.
What is a Deficit
Money that comes from work or financial assets (like stocks, real estate, etc)
What is Income
a unit of ownership in a company.
What is a Share
A financial systems that allows the laws of supply and demand to control the production of goods and services
What is a Market Economy
Grows or makes ideas into usable goods or services for consumers.
What is a Producer
The total amount of a good or service available to consumers
What is Supply
Something owed.
What is Debt
Money, goods, and/or services given in the expectation of being repaid in the future
Credit
the system that includes the circulation of money, the granting of credit, the making of investments, and providing of banks.
What is Finance
a fee charged by a government on goods and services for public purposes.
What is a Tax
Something done by people for sale
What is a Service
An individual's pay after all deductions. For a business, it is the profit remaining after all expenses and costs have been subtracted from revenue. It is known as the "bottom line."
What is Net Income
Ownership amount. Specifically, the value of shares issued by a company.
Equity
an economic system where the factors of production are owned privately. The four factors are entrepreneurship, capital goods, natural resources, and labor.
What is Capitalism
Someone who uses goods and services.
What is a Consumer
Consumers' willingness to pay for a good or service.
What is Demand