Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
chapter 20
| Term | Definition |
|---|---|
| consumer | a person or organization that uses a commodity or service |
| disposable income | the part of a person's income remaining after deducting personal income taxes |
| discretionary income | money income left after necessities have been bought and paid for |
| consumerism | a modern movement for the protection of the consumer against useless, inferior, or dangerous products, misleading advertising, unfair pricing |
| comparison shopping | to compare prices and quality of competing merchandise |
| warranty | a stipulation, explicit or implied, in assurance of some particular in connection with a contract, as of sale |
| budget | an estimate, often itemized, of expected income and expense for a given period in the future |
| income | the monetary payment received for goods or services, or from other sources, as rents or investments |
| expense | cost or charge |
| credit | commendation or honor given for some action, quality |
| annual percentage rate | the annual equivalent of a rate of interest when the rate is quoted more frequently than annually |
| collateral | security pledged for the payment of a loan |
| bankruptcy | the state of being or becoming bankrupt |
| save | to rescue from danger or possible harm, injury, or loss |
| interest | the feeling of a person whose attention, concern, or curiosity is particularly engaged by something |
| principle | an accepted or professed rule of action or conduct |
| return | to go or come back, as to a former place, position, or state |
| stock | a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer |
| dividend | a sum out of an insolvent estate paid to creditors |
| bond | something that binds, fastens, confines, or holds together |
| mutual fund | an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand |
| evaluate | to determine or set the value or amount of; appraise |
| commit | to give in trust or charge; consign |
| eliminate | to remove or get rid of, especially as being in some way undesirable |
Created by:
jordanwoody1
Popular Economics sets