Glossary
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
B |
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BalanceThe
amount of money left in a bank account once all bills have been paid. | |
BankA financial
institution which holds money and manages transactions on behalf of account holders. | |
Bank accountA secure financial arrangement with a bank allowing you to add and manage money. | |
BenefitsMoney
from the Government, for example to support people with children, or on low incomes,
with disabilities or caring responsibilities. | |
Building societyA financial
institution, similar to a bank, but owned by its members. Financial
services offered include savings accounts, mortgages, and loans. | |
bonusExtra
money paid on top of your usual wages, often as a reward, for example for meeting agreed targets. | |
budgetA plan
for how you will spend and save your money. | |
budgetingCalculating how much money you earn, or need to earn, how you will spend it, and how much you must save to achieve financial goals. | |
