| A | B |
|---|
| Assets | What you own. |
| Certified check | A check for which a bank has reserved the money for payment and thus guarantees that the check is good. |
| Check | A written order directing a bank to pay money as instructed. |
| Endorsement | Signing your name on the back of a check. |
| Fixed payment | An expense you are committed to pay on a set time schedule. |
| Flexible spending | Money left after deductions and fixed payments. |
| Liabilities | Debts you owe. |
| Net worth | Difference between assets and liabilities. |
| Overdraft | When a check can't be cashed because there isn't enough money in the account. |
| Take-home pay | The amount of a paycheck after deductions. |
