Money Vocab

Front

Total earnings before deductions?

Back

Gross pay

Front

Monthly payment for insurance policy?

Back

Premium

Front

Loan for buying a home, paid monthly.

Back

Mortgage

Front

Estimate of income and expenses for a period?

Back

Budget

Front

Amount paid to worker after deductions?

Back

Net pay

Front

Financial protection purchased in advance for a possible event?

Back

Insurance

Front

Sum paid upfront for a financed purchase?

Back

Down payment

Front

Fee based on a percentage of an amount received or agreed to be paid.

Back

Commission

Front

Additional amount paid by purchaser passed to the state?

Back

Sales tax

Front

Money taken out of a bank account?

Back

Debit