Insurance
This type of auto insurance is required in Illinois and covers injury or damage you cause to others.
What is liability insurance?
This rate determines how much interest you pay when carrying a balance.
What is the APR?
This term refers to your income before any deductions.
What is gross income?
This is money a company pays to its shareholders, often quarterly.
What is a dividend?
The amount you originally borrow on a loan.
What is principal?
Damage you cause that isn’t covered by insurance must be paid this way.
This type of fee applies when moving a balance from one card to another.
What is a balance transfer fee?
This is another name for take-home pay.
What is net income?
This number shows a stock’s volatility compared to the market.
What is beta?
Lengthening a car loan generally does this to the total interest you pay.
What is increases it?
This type of health plan typically requires you to pay a co-pay for each doctor visit.
What is an HMO?
Paying only this required amount increases what you owe due to the average daily balance method.
What are minimum payments?
If gross income is $60,000 and deductions are $10,000, this is your taxable income.
What is $50,000?
This retirement account often includes employer match and tax advantages.
What is a 401(k)?
This payment is held by a landlord to cover potential damages beyond normal wear and tear.
What is a security deposit?
To pay less for health care, you want your doctor to be this.
What is in-network?
This fee is charged when you use your credit card outside the country.
What is a foreign transaction fee?
This type of tax system increases the tax rate as your income rises.
What is a progressive tax system?
CDs, savings accounts, and money market accounts all fall under this investment category.
What are low-risk investments?
This number on a check shows which bank issued the check.
What is the routing number?
When comparing drivers, this group tends to pay less: married females who drive 5k miles per year or single males who drive for work.
Who are married females who drive 5k miles per year?
This standardized box shows all interest rates and fees on a credit card.
What is the Schumer Box?
This reduces your tax bill dollar for dollar—unlike a deduction.
What is a tax credit?
After this date passes, you are no longer eligible for the company’s next dividend.
What is the ex-dividend date?
This health insurance term represents the most you’ll pay in a year before your plan covers 100%.
What is the out-of-pocket maximum?