click below
click below
Normal Size Small Size show me how
finnancialmanagement
vocab
| Term | Definition |
|---|---|
| wants | but desired |
| deductions | are listed on the paycheck stub |
| paycheck stub | lists the total amount of money you earned |
| gross pay | the total amount you earn for a peoriod of time |
| net pay | the gross pay minus the dedusomething unnececary ctions |
| exemption | reduces the amount of income |
| basic checking | you are charged a fee for every check |
| minumum-balance checking account | you earn intrest and are allowed to write checks |
| intrest-bearing checking account | you earn intrest and allowed to write checks on the same account |
| blank endorsement | states what is to be done with the check |
| restrictive endorsement | states what is to be done with the check |
| bank statement | is a record of the checks |
| atm | gives money |
| debit cards | transfur money |
| smart card | is now being used |
| preauthorized transfer | is a method of transfer |
| telephone transfers | are used by consumers |
| eft act | functions to protect and inform |
| propety records | includ real estate records |
| house hold innvetory | a list of personal property |
| personal records | includ personal doccuments |
| safe deposit box | a rental box in a fire proof vault |
| budget | reffured as spending plan |
| income | includ the money you earn |
| fired express | when express occures usualey |
| flexibal express | expenses that vary both in an amount |