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civics chapter 20 Matching
budget
a plan for making and spending money
discretionary income
money income left after necessities have been bought and paid for
dividend
payment of a portion of a company's earnings
stock
ownership share of a corporation
disposable income
money income left after all taxes on it have been paid
collateral
property or valuable items serving as security for a loan
bond
contract to repay borrowed money with interest at a specific time in the future
bankruptcy
inability to pay debts
impulse buying
purchasing an item on the spot because of an emotional rather then planned decision
warranty
the promise made by a manufacturer or a seller to repair or replace a product within a certain time period if it is faulty
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