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chapter 20 Matching
mutual fund
pools of money from many people who are invested in a selection of individual stocks and bonds chosen by financial experts
impulse buying
purchasing an item on the spot because of emotional rather than planed decision
disposable income
money income left after all taxes have been paid
intrest
the payment people receive when they lend money or allow someone else to use their money
discretionary income
money income left after necessities have been bought and paid for
dividend
payment of a portion of a company's earnings
consumer
someone who buys a good or service
warranty
the promise made by a manufacturer or seller to repair or replace a product within a certain time period if it is faulty
annual percentage rate (APR)
annual cost of credit expressed as a percentage of the amount borrowed
consumerism
a movement to educate buyers about the purchases they make and to demand better and safer products from manufactures
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