Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Civics and Economics VocabularyChapter 20 - Section OneConsumer- someone who buys a product or serviceSimilarity/Differenc...
Annual Percentage Rate- the annual cost of credit expressed as a percentage of theamount borrowedSimilarity/Difference:Sen...
Mutual Fund- pools of money from many people who are invested in a selection ofindividual stocks and/or bonds chosen by fin...
Upcoming SlideShare
Loading in …5
×

Chapter 20

230 views

Published on

  • Be the first to comment

  • Be the first to like this

Chapter 20

  1. 1. Civics and Economics VocabularyChapter 20 - Section OneConsumer- someone who buys a product or serviceSimilarity/Difference:Sentence:Disposable Income- the money that remains after all taxes on it have been paidSimilarity/Difference:Sentence:Discretionary Incoming- the money remaining after paying for necessitiesSimilarity/Difference:Sentence:Consumerism- a movement to educate buyers about the purchases they make and todemand better and safer products from manufacturersSimilarity/Difference:Sentence:Comparison Shopping- get information on the types and prices of products availablefrom different stores or companiesSimilarity/Difference:Sentence:Warranty- he promise of a manufacturer or a seller to repair or replace a faulty productwithin a certain time periodSimilarity/Difference:Sentence:Chapter 20 - Section TwoBudget- a careful record of all the money you earn and spendSimilarity/Difference:Sentence:Income- the money you earnSimilarity/Difference:Sentence:Expense- the money you spend on everything, including what you choose to saveSimilarity/Difference:Sentence:Credit- borrowing money to pay for something now while promising to repay it later.Similarity/Difference:Sentence:Tara Pawlyk Friday, May 17, 2013 8:20:09 AM ET 04:0c:ce:d3:10:88
  2. 2. Annual Percentage Rate- the annual cost of credit expressed as a percentage of theamount borrowedSimilarity/Difference:Sentence:Collateral- property, such as a house, car, or other valuable item, that a borrowerpledges as security for a loanSimilarity/Difference:Sentence:Bankruptcy- the inability to pay debtsSimilarity/Difference:Sentence:Chapter 20 - Section 3Save- to set aside income for a time so you have it to use laterSimilarity/Difference:Sentence:Interest- the payment people receive when they lend money, or allow someone else touse their moneySimilarity/Difference:Sentence:Principal- the amount you initially depositedSimilarity/Difference:Sentence:Return- profit earned by the investor, is usually lowSimilarity/Difference:Sentence:Stock- partial ownership in a companySimilarity/Difference:Sentence:Dividend- company payment shareholders a portion of company earnings at regularintervals, or periods, based on the number of shares people holdSimilarity/Difference:Sentence:Bond- lending money to a company or governmentSimilarity/Difference:Sentence:Tara Pawlyk Friday, May 17, 2013 8:20:09 AM ET 04:0c:ce:d3:10:88
  3. 3. Mutual Fund- pools of money from many people who are invested in a selection ofindividual stocks and/or bonds chosen by financial expertsSimilarity/Difference:Sentence:Chapter 20 - Section FourImpulse Buying- buying on impulseSimilarity/Difference:Sentence:Tara Pawlyk Friday, May 17, 2013 8:20:09 AM ET 04:0c:ce:d3:10:88

×