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Finance Chapter One

Horizontales
A federally recognized, tax-exempt organization such as a church, hospital, charity or school that serves the public in some capacity
All the $ decisions a person or family makes including earning, budgeting, saving, spending, and planning for future
Interest paid on an investment and on any interest previously earned
A monthly plan for how you are going to save and spend your income
The charge for borrowed money generally defined as a %; also, the earned interest on $ you save or invest
The total value of a person's assets (owned minus their liabilities (owed).
$ put into an account intended for growth
An unlimited amount of wants but limited resources
Verticales
Anything you owe; a debt
Anything of Value that is owned by and individual
Interest paid only on the principal investment
A person or organization that purchases a product or service.
The granting of a loan and the creation of debt
The cost of goods or services
An obligation to repay borrowed money