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Packet 34
N/A
10
Language - English
7th Grade
05/18/2010
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Cards

Term
asset
 Definition
anything owned that has value, anything valuable to desirable to have
Term
complimentary
 Definition
offered without charge as a courtesy, free
Term
deficit
 Definition
shortage, amount by which a sum of money is less than required
Term
economize
 Definition
cut down expenses, avoid waste
Term
gratuity
 Definition
gift of money in return for services, tip
Term
liability
 Definition
debt, obligation
Term
lucrative
 Definition
producing a profit
Term
solvent
 Definition
able to pay all ones debts
Term
squander
 Definition
spend foolishly, waste
Term
surplus
 Definition
excess amount over and above what is needed
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