When the market has a steady decline in stock prices over a period of time.
What is a bear market
100
A number used to determine how much credit to extend to a person.
What is a credit score?
100
The only type of life insurance that does not develop a cash value is:
What is Term Life Insurance?
100
Savings instrument that requires a deposit for a period of time during which there is a penalty for early withdrawals is
What is Certificate of Deposit (CD)
100
The amount you earn before taxes are withheld
What is Gross Income
200
An investment that holds a wide range of different investment instruments, providing diversification and is professionally managed by a money manager?
What is a mutual fund?
200
If you lose your debit card and don't report it for one week, you could be liable for how much of any unauthorized charges.
What is $500?
2 days = max $50
60 days = max $500
+60 days = entire amount
200
Generally, the higher the deductible on an insurance policy, the
What is lower the premium?
200
A savings account earns the greatest amount of money when interest on the account is compounded
What is daily
200
This tax form is provides an employee with their earnings and withholdings for the year. The employee will use this form to complete their tax return.
What is W-2
300
When a corporation or government agency borrows money from an investor and pays interest and principal to that same investor, it is
What is a bond?
300
The dollar amount it cost to use credit
What is a credit card finance charge?
300
If you must first meet with your primary health care physician, you must have this type of of health care plan.
What is managed health care?
300
This banking financial product typically pays the highest rate of interest
What is Certificate of deposit (CD)
300
The amount the dealer paid to buy the car from the manufacturer is the
What is invoice price
400
Buy a stock for $4,000 and 1 yr later sell it for $1,000 results in a
What is Capital loss?
400
purchases that are deducted immediately from your checking account by using this
What is debit card
400
Many small business owners purchase this type of insurance because they are concerned that a customer who is injured in their store will sue.
What is Liability insurance?
400
Banks use savings account deposits to:
What is give loans out to consumers and businesses
400
The most liquid type of investment is:
What is checking account, savings account, or money market account
500
The difference between what your home is worth and what you owe on your mortgage is know as
What is equity?
500
This is purchased with a specific amount of money that can be used to pay for goods or services.
What is Cash card?
500
****Double Jeopardy****
The quantity of a product that producers are willing and able to make available for sale at various prices over a given time period is said to be
What is Supply
500
A college loan is this type of loan where the payments and time period are predetermined. Said another way, the amount borrowed is known, the monthly payments are known, and the length of the loan payback time is known.