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Statement Financial

Personal Finace Statement Financial

TermDefinition
Asset Items of monetary value a person or household owns
Expense Money spent
Income Money Recieved
Investment Asset
Liablility A debt or obligation owned to others
Market value The amount you could realistically sell an asset for today
Monetary asset Assets that can be quickly and easily converted into cash
Net worth
Statement of financial position
Tangible Asset
Wealth A measure of how much a person or household owns once all debts have been paid
Created by: AriMei97
Popular Finance sets

 

 



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