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ch. 20

consumer someone who buys a good or service
disposable income money income left after all taxes on it have been paid
discretionary income money income left after necessities have been bought and paid for
consumerism a movement to educate buyers about the purchases they make and to demand better and safer products
comparison shopping buying strategy to get best for money
warranty the promise made by a manufacturer or a seller to repair or replace a product within a certain time period if it's faulty
save to set aside income for a period of time so that it can be used later
interest the payment people receive when they lend money or allow someone else to use money
principal the most important
return profit earned through investing
stock ownership share of a corporation
dividend payment of a portion of a company's earnings
bond contract to repay borrowed money with interest at a specific time in the future
mutual fund pools of money from many people who are invested in a selection of individual stocks and bonds
evaluate to assess or find the value
commit to pledge or assign to a particular action
eliminate to get rid of
Created by: roryhanner