Unit 2 managingmoney Word Scramble
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Question | Answer |
what allows customers to complete transactions on the internet from anywhere in the world? | Online Banking |
business that provides financial services? | depository institutions |
price paid for using someone else's money | interest |
depository institutions that offer many banking services and are owned by their members? | credit union |
for profit business that offer financial services to customers and businesses | commercial bank |
apps for online banking | mobile banking |
an account designed to hold money and not to spend it | savings account |
a group of people with common interests and concern for the common good | community |
money earned from from working for pay | earned income |
taxes collected from the seller or retailer and as such often remain "hidden" in the price of the product or service | excise tax |
a tax on earned and unearned income | income tax |
a tax on earned income | payroll tax |
a tax on property | property tax |
a tax on purchased goods | sales tax |
sum of money demanded by gov. to support gov. funding and services etc | taxes |
person who pays taxes | tax payer |
income received from sources other than employment | unearned income |
a debt or obligation owed to others | liabilities |
measure of financial wealth | net worth |
everything a person owns with value | assets |
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