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Personal Finance Terminology: Interest, Assets, Liabilities, and Investment Concepts

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Finance - Personal Finance

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charlotte1oxhi Created by 10 mon ago

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Cards in this deck(13)
What is the term for interest earned over time on a loan or investment?
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What is the term used to describe something that occurs yearly?
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What is something that adds monetary or financial value to a person's net worth, such as savings or home value?
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What is the term for the sum of the principal and the interest of a loan or investment?
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What type of interest is earned on both the principal and the accrued interest?
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What is the term for money earned for work?
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What is the amount of money that you pay to borrow money, or the amount of money you earn on an investment?
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What is the term for the percent of interest you pay on a loan or earn on an investment?
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What is something that subtracts monetary or financial value from a person's net worth, such as loans or debts?
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What is the term for money borrowed that you pay interest on?
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What is a person's financial worth, determined by subtracting liabilities from assets?
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What is the amount of money taken out for a loan, or the amount of money originally put in toward an investment?
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What is the term for the amount of income a person earns?
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