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basic terms
test set
5
Business
11th Grade
10/01/2014
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Term

BITCOIN

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 Definition
Digital currency which allows payments to be sent from one party to another without going through a financial institution.
Term

BUDGET

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 Definition
Amount of money available or needed for a specific use.
Term

INTEREST


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 Definition
Money paid for borrowing or investing money.
Term

LOAN

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 Definition
Sum of money to be returned with interest.
Term

WITHDRAW

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 Definition
Take money from a bank account.
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