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10 Cards in this Set
- Front
- Back
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safe deposit box |
a small secure storage compartment that you can rent in a bank |
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personal financial statement |
a document that provides information about an individuals current financial position |
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personal balance sheet |
net worth statement |
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net worth |
the difference between the amount you own and the debts that you owe |
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assets |
net pay: the amount that is left over after taxes |
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market value |
price which the property would sell |
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liabilities |
a financial state that occurs if liabilities are greater than assets |
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insolvency |
debts that you owe |
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cash flow |
the money that actually goes into and out of your wallet |
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take home pay |
any items of value that an individual or company owns |
