Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
#TSA6Math6Unit11
Unit 11: Personal Finance
| Term | Definition |
|---|---|
| grant | Money awarded to students that does not need to be repaid. |
| occupation | career or job |
| scholarship | A monetary award to a student to support their education. |
| student loan | a loan set up in order to help college students pay for tuition, books, and living expenses |
| work‐study | Program in which students are able to work at jobs on campus to make money to pay their college tuition. |
| borrow | take and use (something that belongs to someone else) with the intention of returning it |
| borrower | someone who takes and uses (something that belongs to someone else) with the intention of returning it |
| credit card | A plastic card issued by a financial company allowing a customer to buy goods or services on credit |
| credit limit | the maximum amount of credit a financial institution extends to a client |
| credit report | A report containing detailed information on a person’s credit history |
| debt | something, typically money, that is owed or due |
| bankrupt | declared in law unable to pay outstanding debts |
| lender | an organization or person that lends money |
| loan | a thing that is borrowed, especially a sum of money that is expected to be paid back with interest |
| debit card | An electronic card issued by a financial institution that allows a customer to access their account to withdraw cash or pay for goods and services |
| deposit | an addition of money into a bank account |
| withdrawal | the removal of money from a bank account |
| savings | the money one has saved, especially through a bank or investment plan |
| transfer | moving money from one account to another |
| fee | a payment made to a professional person or to a professional or public body in exchange for advice or services |
| income | money received, especially on a regular basis, for work or through investments |
| annual salary | the amount of money your employer pays you over the course of a year in exchange for the work you perform |
| interest | The amount of money charged for borrowing or using money, or the amount of money earned by saving money. |
| checking account | An account at a financial institution that allows for withdrawals and deposits. |
| credit history | Information about how a consumer has borrowed and repaid debt. |
| credit score | A number based on information in a consumer’s credit report that measures an individual’s creditworthiness. |
Created by:
Edfred145
Popular Math sets