Money
Credit
Insurance and Investing
Insurance and Investing
Credit

100

Exchanging goods without involving money.
What is Barter

100

 The annual rate of interest that is charged for using credit.

What is APR

100

Formal request for payment, sent to the insurance company, to cover a loss.

What is Claim

100

Check paid to stockholders, usually quarterly, representing portion of corporate profits.

What is Dividend

100

A type of closed credit where the loan is repaid with interest in equal periodic payments.

What is Installment Credit

200

A general increase in prices.
What is Inflation

200

Character (Credit History) Capacity (Ability to Repay) Capital (Assets)
What is 3 C’s of Credit

200

The actual amount paid to a beneficiary under a life insurance policy.

What is Death Benefit

200

Ease with which an asset can be converted into cash.

What is Liquidity

200

Taking away property due to failure to repay the debt.
What is Repossession

300

How long will it take to double your money at a given rate or time.

What is Rule of 72

300

A type of open credit agreement that allows consumers to pay all or part of the outstanding balance on a credit card.

What is Revolving Credit

300

All of the investments, including stocks, bonds, mutual funds, options, and commodities, that are traded.

What is Securities

300

The largest stock trading place

What is NYSE New York Stock Exchange

300

A report detailing a person’s financial history specifically related to their ability to repay borrowed money.
What is Credit Report

400

A U.S. tax-advantaged retirement savings plan available for anyone

What is an IRA Individual Retirement Acoount

400

Something of value that a borrow lets the lender claim if a loan is not repaired.

What is Collateral

400

A government bond that is repaid within three months or a year.
What is Treasury Bill

400

America’s largest electronic stock market.

What is NASDAQ

400

The legal claim of one person upon the property of another person to secure the payment of a debt or satisfaction of an obligation.

What is Lien

500

Expenses that fluctuate.

What is Variable Expense

500

7-- Liquidation; the sale of nonexempt property and the distribution of proceeds to creditors. 11-- Rarely used, usually used in real estate 13-- Reorganization, law that allows businesses or individuals to reorganize, continue functioning and pay creditors equitably according to a court-approved plan.  These are types of _________________

What is Bankruptcy 

500

An add-on to an insurance policy. 

What is Rider/Floater

500

Part of ownership in a company

What is a stock

500

Credit legislation that is federal; they have to tell you the truth about their lending. Have to tell the whole truth in lending practices.

What is Truth in Lending Act