Personal Finance Terms

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Can you name the Personal Finance?

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

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Created May 19, 2010ReportNominate
Tags:definition, finance, personal, term