Personal finance vocabulary

2. is a workplace savings plan that has tax advantages as an incentive to invest for retirement.
4. a debt security, similar to an IOU
8. a form of income that shareholders of corporations receive for each share of stock that they hold.
12. a statement that has information about your credit activity and current credit situation
13. is a U.S. federal payroll tax.
15. shows how you've paid your accounts over the length of your credit.
17. take-home pay or the amount employees earn after all payroll deductions are subtracted from their gross pay.
18. the straightforward crediting of cash flows associated with some investment or deposit.
19. an individual's total earnings throughout a given period before any deductions are made.
20. the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

1. is a retirement plan offered by public schools and certain charities
3. a number assigned to a person that indicates to lenders their capacity to repay a loan.
5. the process of shifting an economy away from a single income source toward multiple sources from a growing range of sectors and markets
6. is an unchanging rate charged on a liability, such as a loan or mortgage
7. that the interest associated with a bank account, loan, or investment increases exponentially—rather than linearly—over time
9. a tax on sales or on the receipts from sales.
10. is a tax paid on property owned by an individual or other legal entity, such as a corporation.
11. a company that lends customers small amounts of money at high interest rates, on the agreement that the loan will be repaid when the borrower receives their next paycheck.
14. a share which entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends.
16. is the federal health insurance program for: People who are 65 or older. Certain younger people with disabilities.