Abbreviations
Vocab
Fill in the blank
False/True
Notes
100
What does CD stand for?
What is Certificate of Deposit
100
What are the 3 C's of Credit?
What is Character-Capacity-Capital
100
A _____ mortgage has a very large final payment
What is Balloon
100
If you’re married take your spouse with you to an interview.
What is false
100
A house loan [on your home is a liability]
What is Mortgage
200
What does ATM stand for?
What is Automated teller machine?
200
What completes investments of a person or entire company
What is Portfolio
200
You should report a lost or stolen credit card________?
What is Immediately
200
It is okay to chew gum during an interview if it helps relax you.
What is false
200
a temporary rate
What is Introductory Rate
300
What does IRA stand for?
What is Individual Retirement Account
300
What is Liquidity
What word means how quickly and cheaply an asset can be converted into cash?
300
When stocks go down instead of up, this is called___?
What is Deflation
300
It is illegal for an interview to ask you questions regarding your former employer
What is false
300
gives a history on how well you pay your bills
What is credit report
400
What does APR stand for?
What is Annual percentage rate
400
What word means a record of your credit history?
What is Credit Report
400
When you Borrow money from the credit card company, you are using a _____ card.
What is credit
400
Inflation measures how much prices change over time from the same group of goods and services.
What is true
400
Decreases the amount in the bank account
What is withdrawal
500
What does DJIA stand for?
What is Dow Jones Industrial Average
500
What is an excess of the value of assets over liabilities?
What is Net Worth
500
To get the interest rate you use the rule of ____?
What is 72
500
Concrete example of ability are better than general statements.
What is true
500
At what point does your employer have to pay you overtime
What is 40 hours
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