Share Unit 14 Money and happiness
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debt mountain
a heavy burden of debt
expenditure cut
reducing the expenses
expenditure pattern
trend in consumer spending that can be observed over time
finance department
the part of an organization that manages its money
finance director
another name for chief financial officer (CFO)
income bracket
income group, i.e. a group earning a particular amount of money
income statement
a financial statement showing the revenue and expenses for a fiscal period.
income tax
a tax on people's earnings
price cut
a reduction in price
price range
the spread between the highest and lowest price line offered for sale
savings account
a bank account that earns interest
savings plan
a step-by-step approach for putting money aside in savings
moral standards
principles that reflect beliefs about what is ethical and what is unethical
individual morals
an individual's own principles regarding right and wrong (personal morals)i
ethics
rules provided by an external source
moral stand
one's position regarding moral issues
