Spring Final Vocabulary Review

3. A specific loan for the purchase of a house.
6. The type of interest paid off of the original balance only.
9. General increase in prices over time.
10. Failure to payback a loan.
13. Distribution of monetary reward from owning a company's stock.
15. System of producing and consuming goods.
18. Fund Investment made up of several different stocks.
19. Rate Cost comparison stated per single unit.
21. Marketing strategy that often uses a celebrity to endorse a product.
23. Benefits Non-wage compensation provided by an employer like vacation time, insruance coverage, etc.
24. Share of ownership in company.
26. Marketing strategy utilizing data and statistics.
27. Bracket Income range taxed at a specific rate or percentage.
28. Expense An expense that changes each month depending on usage, ex: Water Bill
30. The type of interest that accumulates by reinvesting back into the account and adding to the total..
31. Price Total retail cost before options or discounts when buying a car.
34. Strategy of reducing risk by spreading investments into different sectors.
35. Enlisting the 4P's to help sell a product.

1. Cash back refund given after buying an item upon proof of purchase.
2. Percentage fee paid to salesperson for a transaction.
4. Income Money generated from active work employment.
5. Score A number rating that indicates a person's lending risk.
7. Borrowed money to be paid back later.
8. A type of expense that occurs once per year.
11. How quickly something converts to cash.
12. An extra tax you have to pay as a homeowner if you don't have 20% to put down.
14. Out-of-pocket amount paid before the insurance policy pays.
16. Type of pay that is referred to as take-home pay after taxes and other deductions are taken out.
17. Marketing strategy appealing to emotion.
20. Type of pay that refers to the amount earned before taxes and deductions are taken out.
22. Another way to purchase a car rather then buying it but you never own it..
25. Hours worked past a regular work week of 40 hours.
29. All of someone's financial assets like stocks, CDs, properties, etc.
32. Income Money earned without "labor" like interest on a bank account.
33. Expense An expense that stays the same each month, ex: Mortgage