What is "expenditure"?

The amount of money spent on something

What does "interest rate" mean?

The percentage of extra money paid on a loan or earned on savings

Total income earned by a company or organization

What is a "credit score"?

A rating that shows how reliable you are at repaying debt

What are "commodities"?

Basic goods like oil, gold, or food that can be traded

What does "gross income" mean?

Income before taxes and deductions

What does "liquidity" mean in finance?

The availability of cash or assets that can be easily converted to cash

What does it mean to "invest" your money?

To use money to earn a profit or income

What does it mean to "diversify" in finance?

To distribute investments across different areas to reduce risk

the total value of goods and services produced in a country

What is a "recession"?

A period of economic decline marked by reduced trade and activity

What does "to cut back on expenses" mean?

To reduce the amount of money you spend

What is "financial literacy"?

Knowledge about managing money effectively

What does it mean to "withdraw" money from a bank?

To take money out of your account

What does "installment" mean in finance?

A regular payment for a loan or purchase over time

What is a "stock market"?

A place where shares of companies are bought and sold

Property or items of value owned by a person or company

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Money & Investing

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Questions 22

Answers

1
What is the term for money borrowed from a bank?
interest
budget
loan
payment
2
What is "expenditure"?
The amount of money spent on something
A type of loan from a bank
Money saved for future use
A method of budgeting
3
What does "interest rate" mean?
The percentage of extra money paid on a loan or earned on savings
The monthly fee for a savings account
The amount of money you borrow
The amount of tax on your income
4
What is "revenue"?
The cost of running a business
The profit from an investment
Money saved for emergencies
Total income earned by a company or organization
5
What is a "credit score"?
A loan given by a bank
A rating that shows how reliable you are at repaying debt
A fee for using a credit card
The total amount of money you owe
6
What are "commodities"?
A type of loan
Luxury items bought for resale
Basic goods like oil, gold, or food that can be traded
Investments in stocks
7
What does "gross income" mean?
Income from investments only
A type of income tax
Income after all expenses are deducted
Income before taxes and deductions
8
What does "big bucks" mean?
a huge bank loan
high interest rates
a large amount of money
a big investment
9
What does "liquidity" mean in finance?
The value of a company’s shares
The availability of cash or assets that can be easily converted to cash
The interest rate on a loan
A penalty for late payments
10
What does it mean to "invest" your money?
To pay off all your debts
To withdraw money from a bank
To use money to earn a profit or income
To save all your money without spending
11
Which word means to gather or increase something over time, such as money or wealth?
to accumulate
expatriate
to deposit
to diversify
12
What does the slang term "dough" mean?
deposit
clothes
item
money
13
What does it mean to "diversify" in finance?
To invest only in stocks
To save money in a single account
To distribute investments across different areas to reduce risk
To spend money on luxury goods
14
What is "GDP"?
a tax paid on imports
government debt payments
a type of savings account
the total value of goods and services produced in a country
15
What is a "recession"?
The process of taking out a loan
A period of economic decline marked by reduced trade and activity
A time of rapid economic growth
A type of financial investment
16
What does "to cut back on expenses" mean?
To save money in your account
To spend money on unnecessary things
To borrow money from the bank
To reduce the amount of money you spend
17
What is "financial literacy"?
The ability to read financial documents
Knowledge about managing money effectively
A type of investment strategy
The study of the economy
18
What does it mean to "withdraw" money from a bank?
To transfer money to someone else
To deposit a paycheck
To take money out of your account
To save money in your account
19
What does "installment" mean in finance?
A one-time payment for a product
A type of investment in property
A regular payment for a loan or purchase over time
A charge added to your credit card
20
Which term refers to a bank account used for everyday transactions like paying bills and withdrawing cash?
revenue
current account
savings account
overdraft
21
What is a "stock market"?
A place to buy luxury items
A place where shares of companies are bought and sold
A type of bank account
A place to store your money
22
What are "assets"?
A stock market strategy
A government tax
A type of debt
Property or items of value owned by a person or company

Money & Investing Flashcards | StudBud