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MONEY WORDS

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    IDENTIFYING TERMS RELATED TO MONEY_PART 1
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  • Money in the form of coins and banknotes used in a country.
    CURRENCY
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  • Relating to government revenue, especially taxes.
    FISCAL
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  • The rate at which the general level of prices for goods and services rises, leading to a decrease in the purchasing power of a currency.
    INFLATION
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  • The opposite of inflation is a decrease in goods and services' general price level.
    DEFLATION
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  • The act of putting money into financial schemes, shares, or property with the expectation of achieving profit.
    INVESTMENT
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  • The ability to borrow money or goods with the understanding that you will repay them later.
    CREDIT
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  • Money that is owed to someone else, often with interest.
    DEBT
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  • The fee charged for borrowing money or the earnings on investments.
    INTEREST
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  • Interest calculated on both the initial principal and the accumulated interest from previous periods.
    COMPOUND INTEREST
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  • All the valuable things or resources owned by an individual or organisation.
    ASSETS
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  • The process of levying taxes on income, property, or goods.
    TAXATION
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  • Spreading investments across different assets to reduce risk.
    DIVERSIFICATION
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  • The property or assets passed down to heirs upon a person's death.
    INHERITANCE
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  • Regular payments made to a retired person from a fund they contributed to during their working years.
    PENSION
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  • Debt securities issued by governments or corporations, typically with fixed interest payments.
    BONDS
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  • A marketplace where stocks are bought and sold.
    STOCK MARKET
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