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Lesson 34 Money
| Term | Definition |
|---|---|
| asset | anything owned that has value; anything valuable or desirable to have |
| complimentary | offered without charge as a courtesy; free |
| deficit | shortage; amount by which a sum of money is less than required |
| gratuity | gift of money in return for services; tip |
| liability | debt; obligation; something that is to one's disadvantage |
| lucrative | producing a profit; moneymaking; profitable; remunerative |
| solvent | able to pay all one's debts |
| squander | spend foolishly; waste |
| surplus | excess; amount over and above what is needed |