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Definition
| exchange money for something of value with the expectation of earning a profit on it in the future. |
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Definition
| financial planning begins with a spending and saving plan. |
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Definition
| payments that remain constant from month to month, such as payments for a mortgage and insurance premiums. |
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Term
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Definition
| month to month change in prices. |
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Term
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Definition
| person chooses a variety of investments. |
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Term
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Definition
| when investors use money to create a new capital good. |
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Definition
| the expansion of the capital goods existing in an economy |
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Definition
| transportation systems including roads, bridges, harbors, and airports and public facilities such as schools and universities. |
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Term
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Definition
| money invested in entrepreneurial enterprises. |
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