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.  … Continue reading Personal Finance Vocabulary