| Term | Definition |
|---|
| Advertising | a message to persuade consumers to purchase a particular product or service |
| Alternatives | the different choices you can make to deal with a situation |
| Attitude | a person's basic outlook on life or a specific topic or issue |
| Budget | an orderly program for spending, saving, and investing money you earn to achieve desired goals, also called a financial plan or spending plan |
| Cancelled check | a check that is stamped to show it has been paid |
| Check | a written order directing a bank to pay money as instructed by a particular account |
| Check register | a record of deposits to and withdrawals from a checking account |
| Comparison shopping | comparing products and prices in different stores before making a purchase |
| Consumer | a person who uses goods or services |
| Credit | an arrangement that allows consumers to buy goods now and pay for them later |
| Credit card | a card entitling the holder to goods and services which are charged to his account |
| Credit rating | a record of whether or not a person has paid his or her bills on time in the past |
| Deposit | a payment that is a partial amount of the cost of a good service, or to add money to an account |
| Expense | the cost of goods and services |
| Financial plan | an orderly program for sending, saving, and investing the money you earn to achieve desired goals; also called a budget or spending plan |
| Fixed expenses | set costs that must be paid such as rent, insurance, and car payments |
| Fraud | act of deceiving |
| Identity theft | the illegal use of of someone elses personal information |
| Impulse buying | making an unplanned or quick purchase without giving much thought |
| Income | money received that is avaliable to spend and save |
| Insurance | protection against financial loss |
| Interest | the price a borrower pays a creditor for the use of money over a period of time |
| Management | using resources effectively to acheive goals and solve problems |
| occupation | a regular activity, especially a person's employment or job |
| Outstanding check | those checks issued by a depositor but not yet reported on a bank statement |
| Teller | a person who receives or pays out money at a bank |
| Warranty | written promise by a maufacturer that a prduct will meet a specified standard of preformance |
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