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Duplicate of Financial Literacy Flashcards | StudBud
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Duplicate of Financial Literacy
Duplicate of Financial Literacy
11 terms
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StudBud Administration
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Vocabulary Quiz
Flashcards
11 cards
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Questions
11
Answers
1
money paid by a borrower to a lender for the use of the lender's money
purchase
credit
interest
lend
2
when another person gives you money that you need to pay back
spend
lend
borrow
purchase
3
when you give money to someone else in exchange for something
labor
borrow
spend
savings plan
4
paying for something with money that you borrow & must pay back, usually with interst
spend
income
lend
credit
5
money earned
salary
labor
purchase
income
6
helps you save money regularly so that you can reach your goals
Purchase
Borrow
Savings Plan
Lend
7
when you give someone else money that needs to be paid back
Spend
Borrow
Purchase
Lend
8
things that are produced and used
credit
spend
purchase
resources
9
work that a person does
lend
savings plan
spend
labor
10
to obtain by paying money for an item or service
Purchase
Lend
Savings Plan
Borrow
11
money that you earn by being self-employed or by doing a job for another person or business
salary
purchase
income
human capital