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Vocab Section 9-1
VOCAB
6
Economics
12th Grade
03/29/2012
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Term
disposal income
 Definition
money available after taxes have been taken out
Term
balance
 Definition
amount of money in the account
Term
liquidity
 Definition
assets such as an account can be converted into cash with little or now interest payments
Term
time deposits
 Definition
requires the saver to leave money in the account for a specific amount of time
Term
maturity
 Definition
amount of time that money must be deposited
Term
saving rate
 Definition
the % of peoples disposable income
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