H&R block Questions & 100% Verified Answers | Latest Update | Already Graded A+

Adjustable rate mortgage (ARM) : (ARM) A mortgage that permits the lender to periodically adjust the interest rate to reflect fluctuations in the cost of money. auto insurance : Insurance to protect a car owner in the event of an accident or damage to a vehicle. budget : A detailed plan of income and expenses expected over a certain period of time cash flow : the difference between cash coming in and cash going out of a business certificate of deposit : a certificate issued by a bank to a person depositing money for a specified length of time. 2 | P a g e city income tax : A tax assessed and levied by a local authority such as a county or municipality. credit : the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. credit score : A rating used by credit reporting companies to help lenders decide whether and/or how much credit can be extended to a borrower. creditworthiness : a measure of your ability and willingness to repay a loan credit card : a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit. debit card : a card