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More Than Money Key Terms Flashcards | StudBud
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More Than Money Key Terms
More Than Money Key Terms
22 terms
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1
Ideas and beliefs important to a person, which influence their financial decisions
Values
Personality
Shares
Friends
2
Spending money so that it will increase in value and return in profit
Investment
Spendings
Loan
Savings
3
Person who sets up a business, taking on financial risks in the hope of profit
Entrepreneur
Inventor
Banker
Risk Taker
4
A resource with economic value that an individual, corporation, or country owns
Asset
Pro
Loss
Liability
5
Portion of ownership in a company; sold to investors on the sharemarket
Chequings
Savings
Shares
Credit
6
The price paid for the use of credit or money
Interest
Boredom
Loan
Savings
7
A weekly payment that can help with your living expenses while you're studying
GoFundMe
Student Allowance
Kiwi Saver
Piggy Bank
8
Temporary use of someone else's money- must be REPAID
Loan
Budget
Investment
Stocks
9
Chance of something going wrong or losing money
Loss
Risk
Reward
Bravery
10
A group of people sharing a dwelling or a place of residence
Producer
Company
Household
Shop
11
Place where money can be saved and loaned from
Store
Cafe
Bank
Kmart
12
Revenue - costs=?
Bankruptcy
Profits
Welfare
Financial Loss
13
Person or company providing goods and/or services
Producer
Entrepreneur
Consumer
Bank
14
Physical things that can be bought and sold
Goods
Services
15
____________ represent ownership in a publicly traded company
Coins
Stocks
Funds
Loans
16
Maori value of stewardship- protecting and preserving resources for future gens
Whanaungatanga
Tangata whenua
Manaakitanga
Kaitiakitanga
17
Outline of planned income and expenditure
Loan
Allowance
Profit
Budget
18
Something which can be bought and sold; but not physically held or seen
Goods
Service
19
How do you feel about these terms and concepts?
Better than expected...pleasantly surprised! Woo :)
The struggle is REAL :(
GREAT!!! Learned it, knew it, aced it!!!
Could be better...could be worse... :/
20
A voluntary savings scheme to help set you up for your retirement
OrangeSaver
StrawberrySaver
BananaSaver
KiwiSaver
21
Choosing to not spend a portion of income
Spendings
Allowance
Savings
Risk
22
Have you practiced... Are you ready???
Yes! V Confident! Going to ace it!!!
Sort of... kind of... it's a guessing game...
No..but act confident and no one will question you!!
Sure.. let's go with that...