Personal Finance Terms

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Can you name the Personal Finance?

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anything owned by a person having a monetary value
money paid to the government by it's citizens; supports the government
income - all expenses
the money a person has after paying all their taxes
a payment made by a company to its shareholders annually
insurance that provides financial protection against loss or damage to an insured person's property
investment stock for retirement
money you put aside for the entertainment/fun
money spent/ put aside for necessities
financial protection to the insured for damages/ injuries to other persons or their property
a promise by a government/corporation to pay back an amount of money plus interest over a certain amount of time
large investment portfolio that holds many stocks and has several part owners
used as an information return to report wages paid to employees and the taxes withheld from them
when your income is equal to your spending
assests - liabilities =
securities representing equity ownership in a corporation
total anticipated income - total planned expenses =
when spending is less than income
short term or long term objectives one wants to achieve
when spending is greater than income

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