Terms Assets Assets are items that are owned by a person or company. Examples of Assets include a house, car, jewelry and investments. Interest Interest can be charged or earned. Interest is charged to a person that borrows money.
Interest is earned by investing in certain types of investments or savings accounts.
For example, putting money in a bank account earns interest on your balance. An investment is when people use money to make more money. Your investment may make more money such as interest, income, or an increase in value. Some examples of Investments include mutual funds, stocks, bonds and bank accounts. Liabilities Liabilities are when you owe money.