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Card 6

Front

A situation in which outgoings exceed income.

Back

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Card 7

Front

A sum of money available once all essential expenditure in a given period such as a month has been made.

Back

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Card 8

Front

A plan of expected incomings and outgoings over several time periods such as three months.

Back

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Card 9

Front

The British Cabinet minister responsible for financial and economic matters and in charge of the treasury

Back

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Card 10

Front

One of the means the government used to measure inflation. It is calculated by checking the price of a representative sample of goods on a monthly basis - this enables statisticians to measure how much prices are rising and falling.

Back

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Card 11

Front

A record of money borrowed and repaid by an individual. These records are held by credit reference agencies and providers will check this when a prospective customer applies for a borrowing product

Back

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Card 12

Front

Bank or building society accounts where people can store their money in the form of electronic balances and withdraw it to make payments.

Back

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Card 13

Front

Voluntary spending on products and services that people want now, and savings towards items the aspire to buy in the future.

Back

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Card 14

Front

A payment of profits made to shareholders often at twice yearly intervals, either in cash or (depending on the plan) as further shares or reacquisition of shares.

Back

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Card 15

Front

the tax paid on certain items such as fuel, cigarettes and alcohol.

Back

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