flashcard
1 / 20
Front
personal financial planning
❮ prev
next ❯
1 / 20
Back
spending, saving, and investing you money so you can have the kind of life you want as well as financial security.
❮ prev
next ❯
terms list
personal financial planning
spending, saving, and investing you money so you can have the kind of life you want as well as financial security.
goals
things you want to accomplish
values
things that are important to you
opportunity cost
the most desirable alternative given up as the result of a decision
liquidity
being in cash or easily convertible to cash
service
the performance of duties by a waiter or servant
good
moral excellence or admirableness
economics
the branch of social science that deals with the production and distribution and consumption of goods and services and their management
economy
an act of economizing
supply
offering goods and services for sale
demand
the act of demanding
federal reserve system
privately owned, publicly controlled, central bank of the United States
inflation
a general and progressive increase in prices
consumer
a person who uses goods or services
interest
a diversion that occupies one's time and thoughts (usually pleasantly)
time value of money
increase of an amount of money as a result of interest or dividends earned
principal
the major party to a financial transaction at a stock exchange
future value
The amount that your original deposit will be worth in the future based on a specific interest rate over a specific period of time
annuity
income from capital investment paid in a series of regular payments
present value
the amount of money you would need to deposit now in order to attain a desired amount in the future
similars
Personal Financial Planning
20 items
en en
Personal Finance Chapter 1
22 items
en en
Glencoe Business & Personal Finance -Ch. 1 Vocabulary
20 items
en en
Chapter 1: Personal Financial planning
20 items
en en