2.03 Word Scramble
O A M K Y T E E H P A
|
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
| Term | Definition |
| Net Income | Take home pay |
| Net Loss | When expenses are greater than income. |
| Interest Earned | An amount earned by a company on its interest bearing bank accounts or other investments. |
| Income | Money received. |
| Wages or salary before deductions | A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker. |
| Scholarships/grants from government sources | A financial award given by the federal, state or local government to an eligible grantee. |
| Bonuses | An amount of money added to wages on a seasonal basis, especially as a reward for good performance. |
| Savings | The portion of current income not spent on consumption. |
| Government programs such as Social Security and worker's compensation | Programs and activities sponsored or administered by local, state, or national governments. |
| Expense | Money spent. |
| Child Support | Court-ordered payments, typically made by a noncustodial divorced parent, to support one's minor child or children. |
| Mortgage | A payment, usually monthly, applied to the balance of a home loan used when purchasing housing. |
| Income and Expense Statement | Lists and summarizes income and expense transactions that have taken place over a specific period of time, usually a month or year. |
| Scholarships/grants from non-government sources. | Scholarships and grants that come from non-government funded sources. |
| Sales of Assets | The compensated distribution of valuable property that can be tangible or intangible. |
| Investment Earnings | Income coming from interest payments, dividends, capital gains collected upon the sale of a security or other assets, and any other profit that is made through an investment vehicle of any kind. |
| Money from savings | An amount of money you get from saving. |
| Money from others | Money borrowed as unsecured loans, or contributed by smaller stockholders. |
| Net Gain | When income is greater than expenses. |
| Gross Income | An individual's income earned as salary or wages before taxes and other deductibles. |
| Tax Refunds | The difference between taxes paid and taxes owed. |
| Insurance | A product that transfers risk from an individual to an insurance company or organization. |
| Commissions | An instruction, command, or duty given to a person or group of people. |
| Money from Investments | An amount of money you get from making investments. |
| Tips | A piece of advice or expert or authoritative information |
Created by:
ZLittle97
Popular Finance sets