| Word | Type | Pronunciation | Definition |
| asset | noun | /ˈæset/ | money or property that a person or company owns |
| Please list all of your assets. | |||
| liability | noun | /ˌlaɪəˈbɪləti/ | money that is owed |
| I see your business has a lot of liabilities. | |||
| deposit | verb | /dɪˈpɑzɪt/ | to put money into a bank account |
| Your paycheck is deposited twice a month. | |||
| withdraw | verb | /wɪðˈdrɔ/ | to take money out of a bank account |
| Please withdraw $100 in cash for the weekend. | |||
| interest | noun | /ˈɪntrəst/ | money given by a bank in exchange for you depositing money with them |
| The loan’s interest rate is 2.99%. | |||
| budget | noun | /ˈbʌdʒət/ | the amount of money you can spend on different categories each month |
| The biggest categories on my budget are housing, transportation, and food. | |||
| 401(k) | noun | /fɔr oʊ wʌn keɪ/ | a retirement plan where an employee contributes a percentage of each paycheck |
| I put 10% of my salary into my 401(k). | |||
| pension | noun | /ˈpenʃ(ə)n/ | money a retired person receives from their former company or the government |
| I am eligible for a pension after working for the same company for 20 years. | |||
| IRA | noun | /ˌaɪ ɑr ˈeɪ/ | Individual Retirement Account; money people save to be used when they retire |
| I contribute $6,000 per year into an IRA. | |||
| bankrupt | adjective | /ˈbæŋkˌrʌpt/ | when a person or business has no money and cannot pay what they owe |
| The company went bankrupt in 2008. | |||
| diversify | verb | /dɪˈvɜrsɪfaɪ/ | to buy many different types of investments to spread out your risk |
| You should diversify your portfolio by investing in many different companies. | |||
| beneficiary | noun | /ˌbenəˈfɪʃəri/ | someone who gets your belongings or money if you die |
| You should setup a beneficiary on your account. | |||
| income | noun | /ˈɪnˌkʌm/ | money someone gets from working or investing |
| How much income do you make each year? | |||
| will | noun | /wɪl/ | a legal document that says what should happen to your property when you die |
| We are seeing a lawyer to write up a will. | |||
| stock | noun | /stɑk/ | one equal part of a company that can be purchased as an investment |
| I purchased 10 shares of stock. | |||
| bond | noun | /bɑnd/ | a document given to an investor as a promise to payback the money plus interest at a later date |
| I purchased a five year government bond. | |||
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