An individual - PowerPoint PPT Presentation

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An individual

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Title: PowerPoint Presentation Created Date: 1/6/2005 2:37:33 AM Document presentation format: On-screen Show Company: Lowell Area Schools Other titles – PowerPoint PPT presentation

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Title: An individual


1
Terms Uncle Sam People Legal Eagles Stuff
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2
  • An individuals income before taxes are paid

3
  • Gross Income

4
  • An arrangement by which a company gives customers
    financial protection against loss or harm, for
    example theft or fire, in return for payment.

5
  • Insurance

6
  • A payment made by a bank for the use of money in
    your account.

7
  • Interest

8
  • A person or organization that owns property that
    is rented to tenants.

9
  • Landlord

10
  • An agreement that requires a tenant to stay for a
    specific amount of time and restricts the
    landlords ability to change the terms

11
  • Lease

12
  • An agreement for an unspecified amount of time,
    with rent usually payable on a monthly basis.

13
  • Month to month
  • Rental agreement

14
  • An individuals income after taxes are paid.

15
  • Net Income

16
  • A regular payment made to an owner or landlord
    for the right to occupy or use property

17
  • Rent

18
  • Unspent Income.

19
  • Savings

20
  • Money required for leasing or renting property as
    security against tenants failure to fulfill the
    contract.

21
  • Security deposit

22
  • A person who rents property for a fixed period of
    time.

23
  • Tenant

24
  • A two-story town dwelling in a block of 2, 3, 4
    and with limited garden space.

25
  • Townhouse

26
  • An apartment available to be rented without
    furniture

27
  • An unfurnished apartment

28
  • A service such as electricity, gas, or water that
    is provided by a public utility

29
  • Utility

30
  • A cost or obligation that occurs regularly but
    may vary in amount (utilities, groceries,
    telephone)

31
  • Variable expense

32
  • The idea that everyone in the US has the chance
    to achieve and prosper

33
  • American Dream

34
  • A self-contained residence, situated with other
    similar units, in a large building

35
  • Apartment

36
  • A plan for spending saving money during a
    particular period

37
  • Budget

38
  • Expenses are greater than income

39
  • Budget Deficit

40
  • Income is greater than expenses

41
  • Budget surplus

42
  • An individually owned unit, similar to an
    apartment with shared areas that are jointly owned

43
  • Condominium

44
  • A legally binding agreement, such as one for the
    sale or rental of something

45
  • Contract

46
  • A cost or obligation that is determined by
    personal wants and needs and may and may be
    controlled

47
  • Discretionary expense

48
  • An individuals income after taxes and other
    living expenses are paid

49
  • Disposable income

50
  • The forced leaving of a tenant because they
    failed to live up to the rental agreement.

51
  • Eviction

52
  • A cost or obligation to meet a need or pay a debt

53
  • Expense

54
  • A cost or obligation that occurs regularly
    doesnt vary in amount.

55
  • Fixed expense

56
  • An apartment available to be rented with furniture

57
  • Furnished apartment

58
Daily Double
59
Daily Double
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