Extra hard
What is the definition for Expenditures?
Money that is spent on goods, services, and bills.
What is the definition of Annual fee?
A yearly fee.
What is the definition of human capital.
All the knowledge, skills, education, experience and social qualities that increase a person’s economic value.
What is the definition of stocks?
A share of a corporation sold to the public.
What is the definition of want?
Goods and services that make people more comfortable or content, but which are not necessary for survival.
What is the definition of compound interest?
Interest on the principal and the accumulated interest on a deposit or a loan.
What is the definition of Career clusters?
A grouping of jobs and industries related by skills or product's.
What is the definition of insurance policy?
A contract that outlines coverage plans and protects a person against financial lost or damage.
What is the definition of budget?
A record of income and spending and a plan for managing money.
What is the definition of taxes?
Required payments to a government.
What is the definition of aptitude's?
Your natural talents
What is the definition of Income tax.
A portion of one's personal income paid to a government.
What is the definition of Mutual funds?
A collection of stocks and bonds of various corporations.
What is the definition of a credit card?
A card authorizing the holder to buy goods and services that can be paid for later.
What is the definition of a need?
Goods and services that people cannot survive without, such as water, food, shelter, and clothing.
What is the definition of a credit score?
A standardized measurement of the potential to repay a dept.
What is the definition of invest.
To commit money to gain a profit or earn interest.
What is the definition of Internet bank?
A web-only bank.
What is the definition of abilities?
The things you do well.
What is the definition of Salary.
A fixed amount paid to an employment each mouth, usually settlement with paid vacations and other benefits.
Expenses that do not change from mouth to mouth, such as auto insurance or rent.
What is the definition of Long-term goals.
Plans that take all year or more to accomplish.
What is short-term goals?
Plans that can be accomplished within three mouths to a year.
What is the definition of Credit limit?
The maximum a cardholder can borrow. It is recommended that cardholders keep a balance of no more than 25 percent of the credit limit.
What is the defintion of cash AND check?
Cash- Money in the form of bills or coins.
Check- A written order for a bank to pay money.