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Personal Finance Word Scramble

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Buen Viaje lv.2 ch 8

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500 Words

BIOL3326 Forms

Question	Answer
Personal cash flow statement	financial statement that measures a person's cash inflows and cash outflows
net cash flows	cash inflows minus cash ouflows
budget	A cash flow statement that is based on forecasted cash flows for a future period
personal balance sheet	a summary of your assets (what you own), your liabilities (what you owe), and your net worth (assets minus liabilities)
liquid assets	financial assets that can be easily sold without a loss in value
household assets	items normally owned by a household, such as a home, car and furniture
bonds	certificates issued by borrowers to raise funds
stocks	certificates representing particial ownership of a firm
mutual funds	investment companies that sell shares to individuals and invest the proceeds in investment instruments such as bonds or stocks
real estate	rental property and land
rental property	housing or commercial property that is rented out to others
current liabilities	debt that will be paid within a year
long-term liabilities	debt that will be paid over a period longer than one year