Credit
Financial Investments
Payroll Information
Insurance
Definitions
100

What is good credit?

A good credit score. 

100

The chance losing invested money.

 What does risk mean?

100

The amount of income in a pay period after deductions.

The amount of income in a pay period after deductions. What does net income mean?

100

The protection you purchase so that when you suffer a financial loss is paid by the insurance company. 

What is insurance?

100

The person from your insurance company who determines what coverage you have and what will be paid.

 Who is an adjuster?

200

This person borrowed money and did not pay it back responsibly and timely.

What is bad credit?

200

Pay yourself first save 10% of your income

 Whats a good budgeting tip?

200

deductions paid to the federal and provincial government. 

What is income tax?

200

The person from your insurance company who determines what coverage you have and what will be paid. 

What does an adjuster do and who are they?

200

Deducted money that was received in advance of a pay cheque

 what does advance earnings mean?

300

The ability to pay back debt.

What is capacity?

300

How easily an investment can be turned into cash

.What does liquidity mean? 

300

overtime earnings. 

If you get paid more than eight hours a day what earnings would you get?

300

The things that can happen that can happen that can be covered by your insurance. 

What is a peril?

300

Pay received for working over 8 hours a day or 44 hours a week, whichever is greater

what does overtime earnings mean?

400

A person's reputation with honesty in debt

What is character?

400

risk of balanced funds. 

what is medium risk? 

400

Long term disability. 

What does LTD stand for?

400

The amount you pay the insurance company. 

what is a premium?

400

Canada pension plan.

what does CPP mean?

500

A person with established credit, that is willing to help another with their credit

What is co-signer?

500

The 10% of income you save invest it don't spend it.

. what is the secret in becoming rich?

500

Union pay. 

Fees paid in a membership are called what?

500

What is your insurance, licence, registration, and your “pink slip”  

What must you provide when stopped by the police?

500

A written agreement between you and the insurance company. 

What is policy?

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