Personal finance Flashcards

1
Q

a single, large compensation

A

a lump sum

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2
Q

a large payment to someone on leaving a job

A

a golden shake

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3
Q

a combination of payments of different types

A

a share portfolio

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4
Q

money saved over years

A

life savings

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5
Q

an official statement of what a person has decided should be done with their money

A

a will

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6
Q

to be enough money to pay for

A

to cover the costs

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7
Q

parts of ownership of companies that people buy as investments to make profit

A

stocks and shares

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8
Q

an organization which controls the buying or selling the parts of ownership of companies

A

a stock market

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