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IGHS Winkels

Consumer Math Chapter 2 Vocabulary

TermDefinition
budget a plan for spending and saving money
transfer to move money from one budget line to another
balanced budget a plan where income is equal to the sum of expenses and savings
estimate to round to get an answer that is not exact; the answer you get when you use rounded numbers
interest extra money you need to pay the lender for loaning you money
predict to make a guess about the future
debt money that is owed
average the sum of a set of numbers divided by how many numbers are in the set
Created by: Winkels
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