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Bank & finance Vocad
Term | Definition |
---|---|
Abilities | The thing you do well |
Annual Fee | A yearly fee |
Aptitudes | your natural talent |
APR | Annual % rate is the amount of interest changed for any unpaid balance |
Bank | A for-profit institution that offers personal loans, |
Bankruptcy | A legal process that gives a debtor protection from creditors |
Bonds | An LOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that that will be repaid with a set rate of return |
Budget | A record of income and spending and a plan for managing money |
Career Cluster | A grouping of jobs and industries related by skills or products |
Cash | Money in the form of dills or coins |
Check | A written order for a bank to pay money |
Compound interest | interest on the principal and the accumulated interest on a deposit or a loan |
Credit | the amount of financial trust extended to a person or a business by a lender; a loan |
Credit Card | a card authorizing the holder to buy goods and services that can be paid for later |