Everfi vocab Flashcards

1
Q

Doctoral degree

A

highest level of academic degree

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2
Q

savings account

A

bank account that earns interest

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3
Q

Debit cards

A

used to transfer money

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4
Q

Bachelors degree

A

3 to 7 years. Under graduate academic degree

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5
Q

Income

A

money received on regular basis

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6
Q

checking account

A

checks can be drawn and money put in

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7
Q

Masters degree

A

1 to 2 years

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8
Q

Expenses

A

cost required for something

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9
Q

Fixed expenses

A

be the same total amount regardless of changes

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10
Q

variable expenses

A

can change on the use of product

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11
Q

credit card

A

earns credit and can be used to pay for goods or service

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12
Q

Deposit

A

sum of money kept in an bank account

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13
Q

Budget

A

estimate of price range

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14
Q

Wage

A

fixed regular payment

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15
Q

salary

A

paid on a monthly basis

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16
Q

revenue

A

income by an organization

17
Q

profit

A

financial gain

18
Q

associates degree

A

undergraduate degree 2 years or more