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Vocabulary 26 Activities-Money Words

AB
assetsitems of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate
currencyMoney in any form when in actual use as a medium of exchange, especially circulating paper money.
liabilitymoneys owed; debts
collateralsecurity pledged for the payment of a loan
debitthe recording or an entry of debt in an account.
lienthe legal claim of one person upon the property of another person to secure the payment of a debt or the satisfaction of an obligation
cosignera joint signer of a negotiable instrument, esp. a promissory note.
forecloseto deprive (a mortgagor or pledgor) of the right to redeem his or her property, esp. on failure to make payment on a mortgage when due, ownership of property then passing to the mortgagee
usurythe lending or practice of lending money at an exorbitant interest
creditora person or firm to whom money is due
interesta sum paid or charged for the use of money or for borrowing money.
withdrawalA removal from a place or position of something that has been deposited.
annuitya specified income payable at stated intervals for a fixed or a contingent period, often for the recipient's life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment.
investmentthe investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value.
unsecurednot secured, esp. not insured against loss, as by a bond or pledge: an unsecured loan.
maturitythe state of being due.
diversifieddistributed among or producing several types; varied: diversified investments.


8th Grade Core Teacher
Sequoia Middle
Redding, CA

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