Economic Terms and Definitions

Front

Payments for work done.

Back

Wages

Front

A chance of loss or harm

Back

Risk

Front

Difficult to get or find

Back

scarce

Front

Money that is saved or set aside

Back

savings

Front

to have enough money to pay for

Back

afford

Front

The amount of money left over after all the cost of running a business have been paid.

Back

profit

Front

To be successful; to do very well

Back

prosper

Front

Money borrowed

Back

loan

Front

Beginning, middle, and end of the story.

Back

plot

Front

Retell a story in your own words.

Back

paraphrase