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FM Vocabulary Review

Author: Burwood Amy
Description:
Keywords: , , , , , , online teaching

Content:
Definitions:
0. Credit Score
1. Medicaid
2. Home Insurance
3. Long Term Goal
4. Credit Card
5. Short Term Goal
6. Overtime Pay
7. FICA
8. W-2 Form
9. Savings Account
10. Checking account
11. Automatic Draft
12. Auto Insurance
13. Variable Expense
14. Deductible
15. Taxes

Answers:
0. Saving for an item for less than 1 year
1. a for profit financial instituion
2. the amount you are paid after deduction, take home pay
3. a person who relies on another person for financial support
4. pays a protion of salary if unable to work because of injury/illness
5. Fees that the governement requires to live and work
6. number of items you are expected to assemble in 1 hour
7. a basic account, depost/withdraw money, write checks
8. Saving for an item for more than 1 year
9. an account that pays you interest for the money there
10. amount you pay for expenses before the insurance pays
11. to match up your account information with the bank
12. provides money when someone dies
13. the amount paid for each hour worked
14. luxury items that aren%27t neccessary
15. protects against storm damage, fire, etc.
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