Personal Finance Vocabulary | Baamboozle - Baamboozle

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15

The money one has saved, especially through a bank or financial institution.

Savings

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15

A thing for which someone is responsible, especially a debt or financial obligation.

Liabilities

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15

An identification card issued by a bank that allows a user to buy items and services immediately and pay the cost at a later time.

Credit Card

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monster

Reset all scores!

Oops!

fairy

Take points!

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25

fairy

Take points!

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25

banana

Go to last place!

Oops!

15

An estimate of income and spending for a set period of time, usually by month or year.

Budget

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15

Interest computed on the original principal plus any accrued interest.

Compound Interest

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heart

Other team wins 20 points!

Oops!

magnet

Take 5 points!

Okay!

rocket

Go to first place!

Okay!

thief

Give points!

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25

baam

Lose 25 points!

Oops!

fairy

Take points!

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20

25

rocket

Go to first place!

Okay!

banana

Go to last place!

Oops!

15

Your total income before income tax or other deductions are taken out of it.

Gross Income

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15

Interest that is calculated only on the principal, or original, amount of a loan.

Simple Interest

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15

A reduction in price.

Markdown

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15

The amount that is left after taxes.

Net Income

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15

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Interest Rate

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15

A sum of money lent or invested, on which interest is paid?

Principal

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lifesaver

Give 5 points!

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shark

Other team loses 20 points!

Okay!

shark

Other team loses 25 points!

Okay!

baam

Lose 10 points!

Oops!

15

Property owned by a person or company that has value.

Assets

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