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Money Management and Credit

AB
creditbuy now pay later
Annual percentage rateThe amount of finance charge in relation to the amount of money borrowed
Co-signingagreement to pay debt for another
CreditAn arrangement in which someone receives money merchandise, or a service and promises to pay for it later
Credit applicationA form asking for details about an applicant's job, bank accounts, and past credit history
Credit limitThe maximum amount that can be charged
CreditorA bank, business or individual to whom money is owed
Finance chargeAn amount added to the purchase price of merchandise bought on credit that is the cost of using the creditor's money
ConsumerAnyone who buys and uses goods and services
InfomercialA program devoted to demonstrating and selling one product
MediaThe means of communication by which ads are broadcast or displayed
ShopliftingStealing items that are displayed for sale in a store
ConsumerAnyone who buys and uses goods and services
InfomercialA program devoted to demonstrating and selling one product
MediaThe means of communication by which ads are broadcast or displayed
ShopliftingStealing items that are displayed for sale in a store
Impulse buyingPurchasing something that you did not intend to buy


Family and Consumer Science, Instructor
Cleveland High/Cleveland Middle School
Cleveland, TN

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