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Definition
| an amount that credit card companies can charge for the use of a credit card |
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| total amount of what it costs you to use credit in a given year |
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| an electronic machine that bank customers and credit unior members can use to withdraw cash and make other financial transactions |
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| a bank or credit union account that allows withdrawals by writing a check |
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| a for-profit company that is owned by its stockholders and provides savings and checking accounts and other financial services to its customers |
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| earning interest on interest |
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| an amount of money or something of value that is loaned on trust and with the expectation that it will be rapaid at a later date |
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| a record of how you have repaid your credit obligations |
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| the maximum amount of credit a lender will extend to a customer |
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| a rating used by credit reporting companies to help lenders decide whether and/or how much credit can be extended to a borrower |
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| financial institution owned by its members that probides savings and checking account instead of drawing on a line of credit |
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Definition
| the entire amount of money you owe to lenders |
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Definition
| a way to give permission to pay bills and have paychecks deposited directly into your account via electronic terminal automated teller machine computer or telephone |
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Definition
| to sign the back of a check to make it payable to the specified payee |
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Definition
| an amount of money spent to by something or do something |
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Definition
| a payroll deduction collected by employers by law and sent to the federal gov to support gov programs |
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Term
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Definition
| cost the same amount every time |
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Definition
| the length of time you have b4 you start accumulationg interest on an unpaid balance |
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Definition
| the total amount of income from wages b4 any payroll deductions |
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| a way to garante your financial protection against various risks |
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| written contract detailing how much you will pay for insurance coverage and what an insurance company will cover and pay in the event of a loss |
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Definition
| amount you pay for an insurance policy |
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Definition
| payment for the use of money |
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Definition
| a penalty on all types of credit for making a payent after its due date |
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Term
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Definition
| the length of time you have to pay off a loan |
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Definition
| goal that will take more than a year to achieve |
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Definition
| things we must have to survive |
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Definition
| amount of income left after payroll deductions |
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Term
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Definition
| the value of what is given up when you choose one option over another |
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Definition
| a fee on credit cards for making charges above you credit limit |
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Definition
| the unique passcode number you use to get access to your savings and or checking account |
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| the amount of money someone is willing to loan you |
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Definition
| the percentage of gain or loss on an investment over a period of time |
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| the probability that injury damage or loss will occur |
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Definition
| mathematical method that can be used to show how long it wil take to double your money in an investment simply by dividing 72 by the rate of interest |
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Definition
| an amount of money that is set aside to be used for a future purpose |
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Definition
| an account you have at a financial institution that helps you accumulate and save money and earn a small amount of interest at the same time |
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Definition
| a goal to be achieved within the next three months |
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Definition
| a payroll dedution collected by employers by law and set to the federal gov to provide a small income and other services to the elderly disabled americans and orphaned minors |
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Definition
| a payroll deduction collected by employers by law and sent to the state gov to support state services |
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Definition
| an investment that makes the investor a part owner of a company |
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Definition
| the idea that money today is worth more than the same amount of money in the furure due to its potential earning capacity |
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| the beliefs qualities or standards that you consider important or desirable |
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Definition
| expenses that are not fixed |
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| things that make life more interestiong and fun but that ppl can live without if they have to |
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