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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



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