Financial terms

Match these financial terms with their definitions:

1) profit

2) asset

3) tax

4) costs

5) turnover

6) interest rate

7) liability

a) the total amount of money received from sales of goods and services

b) debt

c) money which is earned after paying the costs of producing and selling goods
and services

d) money paid to the government which is based on your income or profits

e) something valuable belonging to an organization which can be used for the

payment of debts

f) the amount that a bank charges on money that it lends

g) the money you need to spend to keep an organization functioning