An identification card issued by a bank that allows a user to buy items and services immediately and pay the cost at a later time.
Credit Card
15
Property owned by a person or company that has value.
Assets
15
Written document asking a bank to pay a certain amount from your account.
Check
15
An identification card issued by a bank that allows a user to immediately use money from an account. You have a personal identification umber (PIN) to keep it safe.
Debit Card
15
Your total income before income tax or other deductions are taken out of it.
Gross Income
15
The amount that is left after taxes.
Net Income
15
A tax based on the amount of money you ear, or your income.
Income Tax
15
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Interest Rate
15
Interest that is calculated only on the principal, or original, amount of a loan.
Simple Interest
15
Interest computed on the original principal plus any accrued interest.
Compound Interest
15
The money added to the cost of items and services . It is usually paid when an item is purchased.
Sales Tax
15
An amount paid by way of reduction, return, or refund on what has already been paid or contributed.
Rebate
15
A sum of money lent or invested, on which interest is paid?
Principal
15
A reduction in price.
Markdown
15
Property owned by a person or company that has value.
Assets
15
A voucher entitling the holder to a discount for a particular product.