House
To secure the purchase of a property you need a partial sum called this
Down payment
This protects you against the cost of medical expenses
Health insurance
CD stands for this
Certificate of deposit
you pay this to your city or county go toward the operation and maintenance of such things as roads, schools, and government
Property taxes
This protects you from such losses as theft, fire, and personal liability, in case someone is injured on your property
Home insurance
When you make a monthly mortgage payment, part of it goes towards interest, and part of it goes toward the
Principal
PPO stands for
Preferred Provider Organizations
A written pledge that you’ll be repaid your money plus interest at its maturity date (anywhere from 10 to 30 years).
Bond
HMO stands for this
Health Maintenance Organization
NFT stands for this
A non-fungible token
When you take out a mortgage, your lending firm will charge you
Interest
an amount you must pay before your insurance company starts paying
Deductible
Money you receive as a shareholder of the company
Stock dividend
Expenses for gas, electric, water and cable are called
Utilities bills
The price at which a house can be bought or sold.
Market value
** Double **
Fees for property survey, loan application, document preparation and points are called
Closing Costs
your portion of the cost, such as $10 for each office visit
Copay
Purchasing a share of this makes you a part owner in the corporation.
Stock
*** TRIPLE ***
The person you name to receive the insurance money in the event of daeath is the
Beneficiary
** Double **
Berkshire Hathaway- the most expensive stock in the world whose CEO is
Warren Buffet
Long-term loan to buy property
Mortgage
a percentage of medical expenses you have to pay beyond your deductible
Co-Insurance
the rate at which your money earns simple interest in 1 year
Annual yield
the percentage of the market value that is taxed.
rate of assesment
amount of coverage that you buy for a life insurance is called (2 words)
Face Value