| A | B |
|---|
| Checking Account | A banking service wherein money is deposited into an account and checks are written to withdraw money as needed |
| Credit | The privilege of borrowing something now, with the agreement to pay for it later |
| Creditworthiness | Past and future ability to repay debts |
| Creditor | Any person to whom one owes money or goods |
| Debit Card | A plastic card that consumers may use to make purchases, withdrawals, or other types of electronic fund transfers. Use of a debit card results in an immediate transfer of funds |
| Debt | Money owed |
| Disposable Income | The money you have to spend or save as you wish after taxes, social security, and other required and optional deductions have been withheld from your gross pay |
| Discretionary Income | Money that is left over when the bills have been paid |
| Gross Pay | The total salary before any deductions are made (taxes, etc.) |
| Income | Money that comes in from property, business or work |
| Investment | Outlay of money in the hope of realizing a profit |
| Savings | Setting aside income or money for future spending |
| Stock | Ownership in a corporation; stock can be common or preferred |
