# data[].attributes.body
Definition:

an estimate, often itemized, of expected income and expense for a given period in the future.

Sentence:

I often have to set a budget in order to not over spend

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Definition:

income remaining after deduction of taxes, other mandatory charges, and expenditure on necessary items.

Sentence:

My discretionary income is still enough to pay for vacation.

# data[].attributes.body
Definition:

A cost that occurs on a regular basis and is necessary for the ongoing operation of a business.

Sentence:

I have to continue to pay recurring expenses.

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Definition:

costs that typically remain the same in price and frequency.

Sentence:

Netflix charges fixed expenses at the end of every month.

# data[].attributes.body
Definition:

expenses that change depending on how often you use a product or service.

Sentence:

Some of my expenses keep changing because of variable expenses.

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Definition:

occurs when a government or company receives more money than it spends, resulting in extra money that can be used for various purposes

Sentence:

Our state ended up having a budget surplus

# data[].attributes.body
Definition:

When a government spends more money than it collects

Sentence:

the governments over spending led us to a budget deficit

# data[].attributes.body
Definition:

the availability of liquid assets to a market or company

Sentence:

The market had a great amount of liquidity.

# data[].attributes.body
Definition:

an independent agency of the United States government that insures deposits in banks and savings associations. The FDIC's mission is to maintain public confidence and stability in the financial system

Sentence:

The FDIC made depositors whole to the extent of their insurance

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Definition:

a nonprofit money making cooperative whose members can borrow from pooled deposits at low interest rates

Sentence:

The credit union closed earlier this year after the embezzlement was discovered

# data[].attributes.body
Definition:

an account at a bank against which checks can be drawn by the account depositor

Sentence:

WE decided to open a checking acount

# data[].attributes.body
Definition:

a computerized electronic machine that performs basic banking functions

Sentence:

I took money out using the ATM

# data[].attributes.body
Definition:

a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.

Sentence:

i paid using a debit card

# data[].attributes.body
Definition:

a bank account that earns interest.

Sentence:

i decided to open a savings account with $50

# data[].attributes.body
Definition:

a type of bank or credit union savings account with some features not found in regular savings accounts

Sentence:

jhon puts another $42,000 in a money market account with a 0.5% interest rate

# data[].attributes.body
Definition:

he interest rate earned on an investment in one year, including compounding interest

Sentence:

APY is the interest you'll earn over a year, including compounded interest, as long as you don't withdraw any of your earnings

# data[].attributes.body
Definition:

the interest rate on a loan or investment that is stated without taking inflation into account

Sentence:

The nominal interest rate is the agreed upon percentage that someone will pay back on a loan

# data[].attributes.body
Definition:

A real interest rate is one that has been adjusted for inflation

Sentence:

A 3% real interest rate represents the actual growth in the purchasing power of the money saved in the bank

# data[].attributes.body
Definition:

a complete listing of fees used by Medicare to pay doctors or other providers/suppliers

Sentence:

Generally dental offices have a fee schedule, or a list of prices for the dental services or procedures they offer

# data[].attributes.body
Definition:

a document that financial institutions use to authenticate a customer's signature for personal and business bank accounts

Sentence:

The signature card form contains the customer's personal information and new account number

# data[].attributes.body
Definition:

a cash reserve that's specifically set aside for unplanned expenses or financial emergencies

Sentence:

Learn to budget and set aside an emergency fund

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Definition:

a printed record of the balance in a bank account and the amounts that have been paid into it and withdrawn from it, issued periodicaly to the holder of the account.

Sentence:

A recent bank statement for the sawmill revealed that there was more money going out of the business than was coming in

# data[].attributes.body
Definition:

an identifying number allocated to an individual by a bank or other organization and used for validating electronic transactions.

Sentence:

I use a pin to unlock my phone

# data[].attributes.body
Definition:

a deficit in a bank account caused by drawing more money than the account holds.

Sentence:

The account requires a minimum opening deposit of only $25 and doesn't charge any overdraft or maintenance fees

# data[].attributes.body
Definition:

commonly charged by banks when an account lacks the funds needed to cover a transaction, and the bank doesn't allow the transaction to go through

Sentence:

The bank charged a Nonsufficient funds fee

# data[].attributes.body
Definition:

wrongful or criminal deception intended to result in financial or personal gain.

Sentence:

He was found guilty of fraud

# data[].attributes.body
Definition:

a law enforcement agency that protects consumers and promotes competition by enforcing antitrust and consumer protection laws

Sentence:

He had a good run until the FTC filed a lawsuit accusing him with fraud

# data[].attributes.body
Definition:

a crime that occurs when someone uses another person's personal information without their permission for financial gain

Sentence:

He was found guilty of identity theft