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Tier 2 Finance Vocabulary Review

Quiz by Jessica Addy

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10 questions
Show answers
  • Q1
    Money that person receives; such as a paycheck from a job.
    Income
    30s
  • Q2
    Total amount of money received BEFORE taxes and deductions.
    Gross Income
    30s
  • Q3
    Amount of money from a paycheck that a person can actually spend.
    Net Income
    30s
  • Q4
    Any money a person spends to pay bill or for other items they need.
    Expenses
    30s
  • Q5
    The part of a person's income that is NOT spent.
    Savings
    30s
  • Q6
    The amount of money a person OWES to lenders.
    Debt
    30s
  • Q7
    Contribution made by people to fund the services provided by the government.
    Tax
    30s
  • Q8
    Amount of money used to purchase items.
    Spending
    30s
  • Q9
    Money set aside for PROFIT.
    Investing
    30s
  • Q10
    Money or items given to a fund or cause
    Spending
    Investing
    Donating
    Savings
    30s

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