Flashcards - Personal Finance & Consumer Economics

Flashcards - Personal Finance & Consumer Economics
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career
A Career is an individual's journey through learning, work and other aspects of life
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Disposable income
Disposable income is total personal income minus personal current taxes
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Health insurance
Health insurance is insurance against the risk of incurring medical expenses among individuals
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principal
The Head teacher, headmaster, headmistress, head, or principal is the teacher with the greatest responsibility for the management of a College
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yield
In finance, the term yield describes the amount in cash that returns to the owners of a security, in the form of interest or dividends received from the security
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Stocks
Stocks are devices that were used internationally, in medieval, Renaissance and colonial American times as a form of physical punishment involving public humiliation
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Interest
Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum
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bond
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders
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16 cards in set
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bond
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders
Interest
Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum
Stocks
Stocks are devices that were used internationally, in medieval, Renaissance and colonial American times as a form of physical punishment involving public humiliation
yield
In finance, the term yield describes the amount in cash that returns to the owners of a security, in the form of interest or dividends received from the security
principal
The Head teacher, headmaster, headmistress, head, or principal is the teacher with the greatest responsibility for the management of a College
Health insurance
Health insurance is insurance against the risk of incurring medical expenses among individuals
Disposable income
Disposable income is total personal income minus personal current taxes
career
A Career is an individual's journey through learning, work and other aspects of life
costs
In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore
financial investment
To invest is to allocate money in the expectation of some benefit in the future
liquid
A liquid is a nearly incompressible fluid that conforms to the shape of its container but retains a constant volume independent of pressure
loan
In finance, a loan is the lending of money from one individual, organization or entity to another individual, organization or entity
deductible
In an insurance policy, the deductible is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses
Cost of living
Cost of living is the cost of maintaining a certain standard of living
per capita income
Per capita income or average income measures the average income earned per person in a given area in a specified year
Standard of living
Standard of living refers to the level of wealth, comfort, material goods and necessities available to a certain socioeconomic class in a certain geographic area

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