Glossary

The following are terms you will define during the course of your research. advertising asset annual percentage rate annual percentage yield automated teller machine bankruptcy bankruptcy abuse prevention and consumer protection bank beneficiary bond budget business plan capital gain capital loss career cash flow statement charitable gift closed-end credit collateral collectibles collection agency comparison shopping compensation complaint compounding contract credit credit card credit counseling service credit report credit score credit union creditworthy decision making (systematic) debit card debt deductible default default dependent disposable income diversification dividends dollar-cost average earned income easy-access credit electronic funds transfer (EFT) emergency fund employee benefit employer-sponsored retirement savings plan entrepreneur equal credit opportunity act equity estate ethics expense fair and accurate credit transactions act fair credit and charge card disclosure act fair credit billing act fair credit reporting act fair debt collection practices act FICA finance charge financial adviser financial goals financial literacy financial plan fraud garnishment grace period gross pay identity theft impulse buying income individual retirement account (IRA) inflation insurance auto disability health homeowners liability life long-term care renters interest interest income investing job lease liability liquidity living will loan shark medicaid medicare mortgage mutual fund net worth open-ended credit opportunity cost pawnshop payday loan payment method payroll deduction peer pressure pension protection act personal finance philanthropy point of sale portfolio principal privacy probate court profit prospectus rate of return record keeping rent rent-to-own repossession risk risk management rule of 72 scam salary saving savings account savings bond savings and loan association (S&L) security simple interest social security spending plan standard of living stock stored-value card take-home pay tax tax credit tax deduction tax deferral tax exemption time value of money tip title loan transfer payment trust truth in lending act truth in savings act unearned income values wage warranty wealth welfare will

***ANY STUDENT DETERMINED TO HAVE VIOLATED EOSD AUP DURING SCHOOL HOURS OR WHILE USING SCHOOL EQUIPMENT WILL BE SUBJECT TO PUNISHMENT(S) SET FORTH BY EOSD, HOUSTON ACADEMY AND/OR TECHNOLOGY LAB POLICIES AND RULES.** *