Share Management Ch 6 Vocab
Save to Folder
A card that allows a person to buy smething now and pay for it later.
Credit Card
A plan for spending money
Budget
Money that a bank pays you for keeping your money in the bank.
Interest
Money put into a bank account
Deposit
Money taken out of a bank account.
Withdrawal
The amount of money left in an account after the withfrawls are subtracted from the deposits.
Balance
Money taken out of a paycheck
Deduction
Total amount of money earned before deductions.
Gross Pay
The amount of money an employee receives after deductions have been taken out of gross pay.
Net Pay
Money that is borrowed with the promise to pay it back.
Credit
Money borrowed for a certain amount of time.
Loan
A person with good credit history who will pay a credit card bil if the cardholder cannot pay it.
Cosigner
A fee you pay based on the aount of money you have borrowed from the credit card company.
Finance Charge
The least amount of money you must pay on a bill.
Minimum Payment
A summary of a person's credit history
Credit Report
A return of money.
Refund
