
Financial Vocabulary Flashcard
Flashcard
•
English
•
6th Grade
•
Hard
Wayground Content
FREE Resource
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15 questions
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1.
FLASHCARD QUESTION
Front
What does it mean to create equal 'portions'?
Back
It means to create equal parts or shares of something.
2.
FLASHCARD QUESTION
Front
What is a 'portion'?
Back
A part of something.
3.
FLASHCARD QUESTION
Front
What is a common use of a 'mortgage'?
Back
It is commonly used for purchasing a home.
4.
FLASHCARD QUESTION
Front
When is a business considered 'profitable'?
Back
A business is profitable when its revenues exceed its expenses.
5.
FLASHCARD QUESTION
Front
What does it mean for a business to be 'profitable'?
Back
It means the business makes more money than it spends.
6.
FLASHCARD QUESTION
Front
What is the definition of 'revenue'?
Back
Revenue is the total income generated by a business from its operations.
7.
FLASHCARD QUESTION
Front
What are 'expenses' in a business context?
Back
Expenses are the costs incurred in the operation of a business.
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