Personal Finance Terms

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Can you name the Personal Finance?

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

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