| A | B |
|---|
| Credit Union | Customers become members to get financial services. |
| Commercial bank | Bank that serves the needs of businesses. |
| Stock | A share of ownership in a corporation that can be traded. |
| Bond | A loan certificate that is like an IOU. |
| Interest | A fee paid for borrowed money, or on money in a bank account. |
| Debit card | A card that lets you use your checking account electronically. |
| Credit card | A card that allows you to borrow money to make purchases. |
| Mortgage | A loan made to purchase a home. |
| Income Tax | Taxes deducted directly from earnings. |
| Net income | Earnings remaining after taxes are paid. |
| Taxes | Financial charges people pay to support public spending. |
| Insurance | A financial service paid for to cover possible losses. |
| Profit | Money made that exceeds the costs of producing something, or money made above the cost of an investment. |
| Gross income | Income made before taxes are deducted. |
| Credit rating | A score that represents how worthy a person is to get credit. |
| Investment | Income that is set aside now to produce additional income later. |
| Budget | An organized plan of spending, saving, and investment. |
| Consumer | One who uses products and sevices. |
| Entrepreneur | One who takes risks to start new businesses. |
| Industry | Manufactures raw materials into finished products. |
| Credit Union | Bank operated on behalf of members. |
| Savings and Loan bank | Mostly make consumer loans, also known as a "thrift". |
| Investment Bank | Helps very large businesses with financing. |
| Budget category | Categories of spending, like Transportation, Housing, Utilities, Clothing |
| Budget Guideline | Minimum and maximum to spend in a budget category |
| Account register | Used to keep track of transactions and balance. |
| Balance | Amount in your account. |
| Options worksheet | Used to help you decide on spending options. |
| Lucky chance. | Extra money you add to your account. |
| Unlucky chance | Unexpected expense you have to pay. |
