Business & Money
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30 Terms
Money
A medium used to buy goods and services.
Cash
Physical money in the form of coins and notes.
Coin
A small piece of metal used as money.
Bill
A piece of paper money.
Price
The amount of money something costs.
Cost
The amount paid for something.
Value
The worth of something.
Budget
A plan for spending money.
Income
Money received regularly.
Salary
Regular payment for work.
Wage
Payment based on hours worked.
Profit
Money gained after expenses are paid.
Loss
Money lost in a business activity.
Investment
Money put into something to earn more money.
Savings
Money kept for future use.
Bank
A place where money is stored and managed.
Account
A record of money held by a bank.
Payment
Money given for goods or services.
Purchase
Something that has been bought.
Customer
A person who buys goods or services.
Client
A person receiving professional services.
Market
A place or system for buying and selling.
Business
An organization that sells goods or services.
Company
A business organization.
Product
An item made for sale.
Service
Work done for others.
Contract
A legal agreement between parties.
Deal
An agreement in business.
Invoice
A document requesting payment.
Discount
A reduction in price.