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8 Cards in this Set
- Front
- Back
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Consumer Price Index |
Is a leading economic indicator that measures the changes in prices of goods and services for consumers |
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Financial Planning |
The process of developing and implementing a coordinated series of financial plans and steps to help achieve financial success |
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Balance Sheet |
A snapshot into ones financial status as of right now |
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Basic Liquidity |
A ratio that reflects the number of months one could meet expenses only using monetary assets on hand if all income ceases |
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Asset to debt |
A ratio that compares total assets to total liabilities, ideally 1:1 |
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Credit HIstory |
A continuing record of a persons credit usage and repayment of debt |
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Garnishment |
A court sanctioned procedure by which a portion of the debtors wages are set aside to pay a debt |
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Repossessed Collateral |
The formal term for property seized by a lender |
