INTRODUCTION TO FINANCE Flashcards
1
Q
a term that broadly describes the study and system of money, investment, and other financial instruments.
A
FINANCE
2
Q
- is a term that covers managing your money as well saving and investing.
- it is about meeting your personal financial goals.
A
PERSONAL FINANCE
3
Q
- a money that you will receive once you have provided the project.
A
INCOME
4
Q
- a money that you will give in exchange for a product.
A
Expense
5
Q
the income left over after spending.
A
SAVING
6
Q
a money that you owe
A
DEBT
7
Q
- a purchase of financial products that are expected to give you an income in nature.
A
Investment
8
Q
a valuable item that you own.
A
ASSET