a security issued by a corporation or public body and usually carrying a fixed rate of interest and a set date, called it's maturity, for redemption of the principle.
What is a bond
100
during this time, currency is worth less than what it was before. It is bad for lenders but good for debtors.
What is inflation
100
affected by how quickly you pay back your loans, how well you have handled credit cards, and stability of your income
What is credit worthiness
100
a type of insurance that pays money to your survivors in the event of your death and carries savings against which you can borrow
What is whole life insurance
100
the properties, possessions, and claims on theres
What are assets
200
an investment company that continually offers new shares and stands ready to redeem existing shares for the owners.
What is a mutual fund
200
the percentage of taxation increases with an increase in income
What is progressive tax
200
has high interest rates because it makes money by charging interest rates
What is a bank
200
coverage that protects you from claims and lawsuits if you cause an accident
What is liability
200
includes mortgage interest, medical bills, pharmaceutical expenses, and uninsured losses from theft or natural disasters
What are deductibles
300
the shares of a particular company or corporation
What is a stock
300
a constant percentage, regardless of income
What is a proportional tax
300
have lower interest rates because members own institution
What is a credit union
300
covers damage to your automobile if another vehicle hits it
What is collision
300
protects renters and home owners against claims of negligence filed by others when an accident occurs on the renter's or homeowner's property
What is property liability
400
what banks charge you to make money
What is interest charge
400
the percentage of taxation decreases and increases in income
What is a regressive tax
400
this institution only focuses on saving and loans
What is savings and loans
400
type of insurance that covers medical and hospital bills if you become ill.
What is health insurance
400
insurance that covers a homeowner when their home or property has been damaged
What is homeowners insurance
500
found in anything that is for sale on the initial market, any product, or any service
What is a sales tax
500
prohibition of trade with a certain country
What is tax embargo
500
when interest is determined annually with original loan amount
What is a simple interest rate
500
a monthly, quarterly, semiannual, or annual price paid for an insurance policy
What is a premium
500
insurance that provides liability and collision coverage