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Cost of living

The amount of money needed to keep a certain level of living

Quality of life

A highly subjective measure of happiness that is an important component of many financial


A cash contribution arrangement of an employer.


A theoretical wage level that allows the earner to afford adequate shelter

Blue collar

A working class person

White collar

A working class person that is known for earning high average salaries

Apartment lease


Rental agreement

legal instrument that specifies amount, due date, penalties, length, deposit, wear and tear, expenses, renewal, termination, penalties, and restrictions regarding a lease of facilities.


a regular payment by a tenant to a landlord for use of some property


A real estate owner who rents or leases land or a building to another party


someone who pays rent to use land or a building or a car that is owned by someone else

Security deposit

the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities

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