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Financial Terms

C Ormes

Financial Terms

Liability of higher price or cost.; or what you have to pay before your insurance pays the rest of the cost
Discount money available for a client to borrow
Overdue an obligation to pay money to another party
Earnings What the government adds to the price of a product or service purchased in order to pay for operating our government
Compound Another word for income
Capital the monetary value of a property or business beyond any amounts owed.
Price Another word for income or profits
Collateral What a company pays its shareholders when the company makes a profit
Refinance past due, as a delayed train or a bill not paid by the assigned date; late:
Advance The act of overdrawing on a bank account such as a checking account
Rent Payment for work based on the completion of the job; time is not considered
Cosigne Something spent to attain a goal or accomplish a purpose
Profit coverage by contract in which one party agrees to indemnify or reimburse another for loss that occurs under the terms of the contract.
Insurance A sum of money lent at interest.
Liquid A person who takes a risk in starting a business
Advertisement an itemized bill for goods sold or services provided, containing individual prices, the total charge, and the terms.
Discount the original amount of a debt on which interest is calculated
Sale To compute (interest) on the principal and accrued interest.
Invoice an amount of money deposited with a bank.
Escrow Payment for work based on hourly rates
Revenue A written order to a bank to pay the amount specified from funds on deposit; a draft.
Earnings to decline in value.
Charge The amount of money received after costs are taken out
Credit Worth in usefulness
Appreciate A legal agreement between a borrower and a lender for the purpose of buying poperty.
Income the entire amount of income
Equity consisting of cash or capable of ready conversion into cash
Loan someone who lends money or gives credit in business
Deed to plan allotment of (funds, time, etc.).
Benefit A legal claim of one person upon the property of another person to secure the payment of a debt or the satisfaction of an obligation
Income to lend (money) at interest.
Dividends the monetary payment received for goods or services, or from other sources, as rents or investments.
Mortgage Something of monetary value that is owned by a firm or an individual
Default An amount, usually a percentage, taken off of a price
Asset: Miss payment
Lender giving something to someone in exchange for money
Salary Material wealth used or available for use in the production of more wealth.
Expense money placed in a bank account or an instance of placing money in a bank account.
Bankruptcy Money deposited with a third person, by whom it is to be delivered to the grantee or promisee on the fulfillment of some condition.
Budget An announcement or notice designed to attract business
Lien An amount paid or required in payment for a purchase; a price; or a sacrifice, loss, or penalty
Value A business that takes deposits and loans out the money to make a profit
Cost The amount of money received before costs are taken out
Depreciate to give back money
Account to increase in value
Deposit a sum paid or charged for the use of money or for borrowing money.
Expenses the monetary payment received for goods or services, or from other sources, as rents or investments.
Entrepreneur to defer payment for (a purchase) until a bill is rendered by the creditor:
Wages Money charged for an apartment, house, or other types of reality
Revenue the sum or amount of money or its equivalent for which anything is bought, sold, or offered for sale.
Check to offer for sale or sell at a reduced price
Overdraft to satisfy (a debt) by making another loan on new terms; ususally for a cheaper amount
Refund What is given in exchange for something borrowed such as money, which will be returned once the borrowed item or money is returned
Premium To pay (money or interest) before due.
Tax Another word for earnings
Interest To sign a loan with the borrower promissing that if the borrower cannot pay, that you will pay for them
Principal The state of a person or firm unable to repay debts.
Bank a noterized document conveying the transfer of poperty
Loan A payment made or an entitlement available in accordance with a wage agreement, an insurance policy, or a public assistance program.

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