Finance Vocabulary Study Guide

A nation's money

• Income

• Loan

• Currency

• Interest

Converting one nation's money into an equivalent value/quantity of another's

• Currency Exchange

• Credit

• Mortgage

• Commission

The approximate value of one nation's currency in terms of another's

• Minimum Wage

• Expenses

• Exchange Rate

• Debt

Money earned as a percentage (%) of a sale or service

• Currency

• Lender

• Liquid

• Commission

Money received from work, investments, or other financial support

• Expenses

• Income

• Savings

• Exchange Rate

The lowest wage permitted by law; in the U.S., $7.25 an hour

• Commission

• Lender

• Minimum Wage

• Credit

House payment

• Mortgage

• Wage/salary

• Commission

• Currency

Terms for one's work-related financial earnings

• Budget

• Interest

• Income

• Wage/Salary

A plan for spending and saving one's income

• Loan

• Exchange Rate

• Budget

• Mortgage

Financial obligations, such as bills

• Currency Exchange

• Debt

• Savings

• Expenses