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Finance Vocabulary

Published on Nov 19, 2015

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PRESENTATION OUTLINE

Finance Vocabulary

Money

Something that is used to purchase goods or other services.
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Credit Unions

Non-profit money making company where the workers can borrow from deposits.

Commercial Banks

A bank that offers its services to the public.
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FDIC

Federal Deposit Insurance Corporation
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Central Bank

The main bank that manages the state's money supply.
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Checking Accounts

A bank account where money can be taken from and put in.
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Savings

Money that is put away and not being used.
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CD's (Certificate of Deposit

A receipt showing the amount of money deposited.
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Interest

Amount of money being paid back after being borrowed.

Disposable Income

The amount of income left after taxes, based on a person's wants.
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Discretionary Income

Income left after removing taxes. Based on a person's needs.
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Expenses

The money/cost of something.

Credit

Borrowing someone else's money with the motive to pay them back.
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APR (Annual Percentage Rate)

Greater measure of cost of money when borrowing it.

Bankruptcy

When someone goes broke from not being able to pay back debts.
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Insurance

Something providing protection.
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Investing

Gaining more money from a profit or bond.
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