Basic Financial Literacy Vocabulary

When a business or someone loses money.

A _____________________ is a cost that is the same each month.

Amount of money received in a particular time (weekly, monthly) in exchange for work.

The amount paid for goods and services based on their value is a...

A cost that may change from month to month.

To work in exchange for payment.

Money that is left after paying all fixed and variable expenses.

A set payment that a person receives in exchange for work performed.

An amount of money used to buy goods and services is...

Money a business receives from selling goods and services.