Money Management Word Scramble
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Question | Answer |
The money you save | Savings |
the percentage of increase in the value of your savings from earned interest | rate of return |
the interest earned on both the principle and any interest earned on the principle. | compound interest |
allow customers to deposit or withdraw money at any time and to earn interest on the funds. | regular savings accounts |
requires you to deposit a specified amount of money in an account for a set period of time | certificate of deposit |
when the moeny becomes available to you. | maturity date |
kind of mutual fund, or pool of money, put into a variety of short-term debt by business or government | money market fund |
Banks, savings and loans, and credit unions have their own form of money market fund | money market deposit accounts |
the ability to quickly turn an investment into cash | liquidity |
the risk that the rate of inflation will increase more than the rate of interest on savings | inflation risk |
when you save money, you are putting off spending that money on an item that you might want | opprotunity cost |
interest earned only on money deposited into a savings account. | simple interest |
someone with special knowledge or ability | experts |
to mention or imply as a possibility | suggest |
a distinct part in an enumeration, account, or series. | item |
to increase gradually in quantity or number | accumulate |
an established organization or corporation | institution |
put into a position | set |
time during which something exists or lasts | duration |
shared in common | mutual |
Created by:
madilyn_gordon
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