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Vocab quiz

Quiz by mariette fleck

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19 questions
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  • Q1
    A practice that ensures products or services are produced in a manner that meets the needs of the present without compromising the ability of future generations to meet their own needs.
    self-advocacy
    social sustainability
    budget
    sustainable
    30s
  • Q2
    Materials or items that can be broken down by natural processes, thereby reducing environmental impact.
    comparison shopping
    sustainable
    biodegradable
    non installment credit
    30s
  • Q3
    A predetermined amount of money allocated for a specific purpose, often used to plan for expenses or savings over a period.
    principal
    budget
    expenses
    income
    30s
  • Q4
    A type of credit that lets you make purchases and pay for them later, usually with the option to pay off the balance over time.
    non installment credit
    finance charges
    revolving credit
    installment credit
    30s
  • Q5
    The act of allocating money toward assets or projects with the expectation of generating a return or profit over time.
    expenses
    saving
    budget
    investing
    30s
  • Q6
    The ability to manage one’s own needs and advocate for oneself, especially in contexts such as education or healthcare.
    social sustainability
    self-advocacy
    finance charges
    direct deposit
    30s
  • Q7
    The practice of allocating resources and managing money in a way that aims to ensure social and environmental well-being alongside economic growth.
    comparison shopping
    installment credit
    electronic banking
    social sustainability
    30s
  • Q8
    An assurance provided by a manufacturer or seller that they will repair or replace a product if necessary within a specified period after purchase.
    budget
    income
    sustainable
    purchasing warranty
    30s
  • Q9
    A fee charged by lenders for the cost of borrowing money, typically calculated as a percentage of the amount borrowed over a specific period.
    principal
    savings
    finance charges
    interest
    30s
  • Q10
    A type of credit that does not require fixed payments and allows for flexible borrowing, often used for everyday purchases.
    installment credit
    revolving credit
    interest
    non installment credit
    30s
  • Q11
    An amount of money that is loaned, which can either be paid back in full or in installments, often with interest.
    expenses
    principal
    interest
    finance charges
    30s
  • Q12
    A system that allows people to manage their banking transactions electronically, often using their computers or mobile devices.
    electronic banking
    savings
    direct deposit
    investing
    30s
  • Q13
    A financial arrangement in which funds are electronically transferred directly into a bank account, often used for salary payments.
    comparison shopping
    electronic funds transfer
    electronic banking
    direct deposit
    30s
  • Q14
    The act of setting aside money regularly for future use, often for emergencies or larger purchases.
    saving
    spending
    budgeting
    investing
    30s
  • Q15
    A type of credit that requires payment in fixed installments over time, typically used for items like cars or homes.
    finance charges
    installment credit
    non installment credit
    revolving credit
    30s

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