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shaniya
| Term | Definition |
|---|---|
| budget category | specific category that youre going to set aside. |
| financial goals | The monetary objectives of an individual or organization that are often determined by their future requirements for funds. |
| income | money received, especially on a regular basis, for work or through investments |
| long term goals | is something you want to accomplish in the future. |
| deficit | the amount by which something, especially a sum of money, is too small. |
| surplus | an amount of something left over when requirements have been met; an excess of production or supply over demand. |
| start-up cost | are the initial expenses necessary to get a business or project started. |
| equality | the state of being equal, especially in status, rights, and opportunities. |
| debt | something, typically money, that is owed or due. |
| revenue | income, especially when of a company or organization and of a substantial nature. |
| profit | a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. |
| loss | the fact or process of losing something or someone. |
| cash flow | the total amount of money being transferred into and out of a business, especially as affecting liquidity. |
| intrest rate | the proportion of a loan that is charged as an intrest to the browser, typically expressed as an annual precentage of the loan outstanding. |
| line of credit | the money you owe to people or a business (loans) |
| personal asset | a useful or valuable thing,person,or quality. |
| liability | the state of being responsible for something especially by law. |
| net worth | a concept applicable to indivisuals and businesses as a key measure of how much an entity is worth. |
| collateral | something pledgas security for repayment of a loan, to be forfeited in the event of a default. |
| allowance | the amount of something that is permitted, especially within a set of regulations or for a specified purpose. |
| budget | an estimate of income and expenditure for a set period of time |
| budget varience | difference between the budgeted or baseline amount of expense or revenue, and the actual amount |
| financial plan | comprehensive evaluation of an investors current and future financial state. |
| fixed expense | expense thst will be the same total amount |
| money management | process of budgeting, saving, investing,spending or otherwise overseeing the capital usage of an indivisual or group. |
| capital | the most important city or town of a country or region, usually its seat of government and administrative center. |
| loan term | a loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating intresest rate. |
Created by:
shaniya.sherman
Popular English Vocabulary sets