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Printable Personal Finances flash cards

14 words
Created by Stephanie

http://dynamo.dictionary.com/51984/personal-finances

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co-signer a joint signer of a negotiable instrument, esp. a promissory note.
disposable income the part of a person's income remaining after deducting personal income taxes.
gross income total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.

net worth the total assets of a business minus its total liabilities.
revenue the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses.
spreadsheet a work sheet that is arranged in the manner of a mathematical matrix and contains a multicolumn analysis of related entries for easy reference on a single sheet.

tax evasion the nonpayment of taxes, as through the failure to report taxable income.
w2 a standard tax form showing the total wages paid to an employee and the taxes withheld during the calendar year: prepared by an employer for each employee.
warranty an act or an instance of warranting; assurance; authorization; warrant.

deductions the act or process of deducting; subtraction.
liabilities moneys owed; debts or pecuniary obligations (
assets a useful and desirable thing or quality:

progressive tax system which imposes a larger tax on high-income taxpayers than it does on low-income taxpayers
regressive tax system which imposes a larger tax on low-income taxpayers than high-income ones
co-signer a joint signer of a negotiable instrument, esp. a promissory note.
disposable income the part of a person's income remaining after deducting personal income taxes.
gross income total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.
net worth the total assets of a business minus its total liabilities.
revenue the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses.
spreadsheet a work sheet that is arranged in the manner of a mathematical matrix and contains a multicolumn analysis of related entries for easy reference on a single sheet.
tax evasion the nonpayment of taxes, as through the failure to report taxable income.
w2 a standard tax form showing the total wages paid to an employee and the taxes withheld during the calendar year: prepared by an employer for each employee.
warranty an act or an instance of warranting; assurance; authorization; warrant.
deductions the act or process of deducting; subtraction.
liabilities moneys owed; debts or pecuniary obligations (
assets a useful and desirable thing or quality:
progressive tax system which imposes a larger tax on high-income taxpayers than it does on low-income taxpayers
regressive tax system which imposes a larger tax on low-income taxpayers than high-income ones

 

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