Chapter 9~12 Flashcards
Beneficiary
성직록을 받는 사제
The person who gets things that belonged to a friend or family member who passed away
Claim
청구
Documents submitted to an insurance company to ask them to pay for a loss for someone they insure.
Coverage
보상
how much protection you have from an insurance company if something bad happens and you have a loss.
Deductible
공제액
Amount you must pay before you begin receiving any benefits from your insurance company
Liability
책임
The state or quality of being obligated according to law or equity
Out-of-pocket expense
Specific amount of money that you pay when insurance only covers a portion of costs
Policy
보험계약자
Describes the type of coverage in an insurance agreement
Premium
다양한 유형의 보험을 구입하기 위해 월별, 분기별, 반기별 또는 매년 지불하는 금액
Amount you pay monthly, quarterly, semiannually or annually to purchase different types of insurance
Will
개인이 사망 후 자신의 재산을 어떻게 분배하기를 원하는지에 대해 법적으로 집행 가능한 선언
A legally enforceable declaration of how a person wishes his or her property to be distributed after death
Accountability
The quality or state of being responsible, liable or answerable
Free Spirit
A person who thinks that everything will work out fine and typically hates ot deal with the details.
Nerd
A person who is picky about budgeting and details
Time poverty
When someone doesn’t have enough time and feels very worried about it.
Value System
A person’s priorities, beliefs and standards that affect how he or show viesws the world
Earned Income
Any income (wages/salary) that is generated by working
Income tax
Tax paid out by anyone who earns an income
Passive Income
You can earn money without working hard to keep it coming in. Some examples of this kind of income include real estate, books or online content, and businesses where the owner isn’t very involved.
Personal Branding
The process of marketing ourselves to others involves showing our strengths, interests, and special qualities, and setting goals.
Portfolio income
Making money by selling something for more than you bought it for.
Property taxes
Taxes paid by anyone who owns property such as land, a home or commercial real estate
Resume
A short description of your work experience and skills that you give when you apply for a job.
Sales tax
Tax on goods and services that goes to your state or local government
Social Security
사회보장
A program paid for by taxes that helps people who are old, don’t have a job, or have a disability.
Core Values
Traits or qualities that represent an individual’s highest prioirites, deeply eld belifes and motivating forces; one’s guiding principles
Legacy
유산
Something from the past that continues to exist because of what someone did before.
Nonprofits
Organizations that use the money they raise to achieve their goals instead of keeping it as profit for themselves.
Philanthropy
박애
means “Love of humanity” showing care and kindness by giving and helping others.
