Bell Work Unit 6 Word Scramble
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| Term | Definition |
| budget | an estimate of income and expenses for a set period of time. |
| cash flow | the total amount of money transferred into and out of a business or household. |
| consumer | a person who purchases good and services for personal use. |
| cost benefit analysis | a process by which nosiness decisions are analyzed, the benefits are summed, and then the costs associated with that action are subtracted. |
| cost comparison | the process of comparing the price of different products or services. |
| creditworthy | financially sound enough to justify the extension of credit. |
| depreciation | -a reduction in the value of an asset with the passage of time. |
| financial advisor | a person employed to provide financial services or guidance to clients. |
| gross income | an individual’s total pay before taxes and other deductions are taken out the paycheck. |
| income tax | -tax levied by a government directly on income, especially an annual tax on personal income. |
| inflation | a general increase in prices and fall in the purchasing value of money. |
| medicare | the federal health insurance program for people who are 65 or older and some younger people with disabilities. |
| net income | an individual’s income after taking taxes and deductions into account. |
| property tax | -the tax levied by the governing authority of the jurisdiction in which the property is located. |
| sales tax | a tax on sales or on the receipts from sales. |
| social security | a federal insurance program that provides benefits to retired people and those who are unemployed or disabled. |
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