insurance
Auto-insurance
What insurance covers automobiles?
a list of all transactions for a bank account over a set period, usually monthly
What is a bank statement?
a bank account that earns interest
a measure of the interest rate plus the additional fees charged with the loan
What is an APR?
expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property, or by using it to develop a commercial venture.
What is investing?
Health-insurance
What insurance covers your health expenses?
a document, usually part of the general ledger, used to record financial transactions in cash.
What is a checkbook register?
the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding
What is interest rate?
the interest rate charged for each period, such as monthly or quarterly
What is periodic rate?
A person or company involved in trading equity securities and attempting to profit from the purchase and sale of those securities
What is a stock trader?
Life-insurance
What insurance covers your life?
A measure of inflows and outflows that takes the capital and current accounts into consideration
What is a balance?
the minimum amount of money needed in a bank account to avoid any fees
What is minimum balance?
the length of time between the last statement closing date and the next
What is billing cycle?
a general increase in prices and fall in the purchasing value of money.
What is Inflation?
House insurance
What insurance covers your house expenses?
an excessive charge for goods or a service.
What is an overcharge?
a savings account that holds a fixed amount of money for a fixed period of time
What is a CD?
a flexible loan from a bank or financial institution
What is a credit line?
the repeated addition of interest payments to the principal invested over a period of time
What is compounding?
what is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury
What is insurance?
removing funds from a bank account, savings plan, pension, or trust
What is a withdraw?
a short-term deposit account that enables you to earn a slightly higher interest than traditional savings accounts
What is a MMA?
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
What is credit?
consist of all the shares by which ownership of a corporation or company is divided