Group of stocks put together
What is an index
Protection against potential losses
What is insurance
Prepaid credit card
Government sponsored healthcare
What is Medicare
Loaning money from a company or the gov. Have a time limit.
What is a bond
Tracks 500 of the largest companies
What is an Smp 500
Set amount paid by the insured to have an insurance policy.
What is a premium
Comes with a limit and a very high APR
What is a credit card
Government relief program for those who lost their jobs.
What is unemployment insurance
Funds collected from investors, purchase stocks and bonds in greater amounts.
What is mutual funds
First come investors get to buy a share of the company early in the companies life.
What is an initial public offering
Person buying insurance
Policy holder
300 to 850
What is credit score
Federal assistance aimed at helping the disabled or retired
What is Social security
Betting on the future price of common goods.
When a company gives back money to their shareholders.
What is a dividend
Pays for medical expenses, lost wages, and legal fees.
What is Bodily injury liability
Buying expensive things and paying with payments
What is Installment credit
Covered when injured on a job
What is workers comp
Trades stocks for clients
What is a stock broker
Online stock exchange in 1971
NASDAQ
Pays for losses in non collision
Pay period with no extra charges
What is a Grace period
Person who receives money
What is a benificiary
Illegal business practices
What is fraud