Financial Literacy Terms

™A financial gain, (difference between the amount earned and the amount spent)

™Provide funding for a person or enterprise

™Someone who commits capital in order to gain financial returns

™A person who purchases goods and services for personal use.

™A person, company, or country that makes, grows, or supplies goods or commodities forsale

™A sum paid or charged for the use of money or for borrowing money

™Time allowed for payment for goods or services obtained on trust

™An estimate, often itemized, of expected income and expense for a given period in the future

™Having knowledge or skill in a specified field

™Wealth and resources of a country/region(the production and consumption of goods and services)