Basic Economics | Money and Currency | Investment | Commodities | Stocks and Markets |
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What is a receipt?
You receive one of these to prove you bought something.
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What is the U.S. dollar?
The standard U.S. currency.
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What is the principal?
The amount of money invested in something, not including fees or losses or gains. Sounds like the person in charge of a school.
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What is lumber?
Refined wood is called this.
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What is a dividend?
Instead of selling the stock, you get this in return for owning it.
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What is a bill?
You receive one of these when you owe someone for something you bought or a service you purchased.
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What is gold?
The metal that used to insure or back the value of U.S. currency.
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What is interest?
Money that is due as a result of borrowing. The fee for borrowing, basically.
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What is a quarry?
The place where stone is mined is called this.
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What is the super market?
The kind of market where you get your food from.
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What is in debt?
If you owe someone money, you are this to them.
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What is the euro?
The standard European currency.
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What is a money market?
Opposite to the stock market, this market deals only in currency.
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What is pig iron?
This type of iron is named after a porcine animal, often considered filthy.
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What is an investment banker?
Someone who invests in stocks for you.
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What is a loan?
Most people need to take out one of these to buy a car.
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What are currency exchange rates?
When swapping between currencies, some people can make money using this concept.
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What is retirement?
Most people invest to save for this period of their life, when they don't plan on working.
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What is produce?
Raw food before it is refined or processed is called this.
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What is a hedge fund?
Named after the system of investing the fund attempts to emulate. Named after a large wall of plants that serve as a kind of fence.
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What is a mortgage?
Most people need to take out one of these to buy a house.
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What is credit?
When money is issued on the promise of repayment, that money is considered this.
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What is an investment account?
A bank account that deals strictly with investing.
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What is cryptocurrency?
An imaginary commodity where a computer guesses a number between one and infinity, and other super computers guess what the number is over trillions of guesses. Not a real currency.
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What is a commodities market?
When you invest in things like produce, raw materials, or initially refined materials, you are in this kind of market.
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