Money
exchange of goods or services for other goods or services without using money
What is barter
OR
What is the sauce I like with my fish
Janet Yellen
Who is some really smart woman in government
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Who is chairman of the Fed
Three credit reporting agencies
What is Experian Transunion Equifax
OR
What is Who is reporting me
Disability insurance
What is offers income protection to individuals who become disabled for a long period of time, and as a result can no longer work during that time period.
Capital Gain
What is a profit from the sale of property or of an investment.
OR
What is How I feel after Thanksgiving Dinner
an unexpected gain in your net worth
What is windfall income
OR
What is I am about to quit my job
Interest Formula
What is P x R x T
OR
What is I hate math
5 Cs of Credit
What is character, capacity, capital, conditions, collateral
OR
The Daily Trouble
Beneficiary
What is a person who derives advantage from something, especially a trust, will, or life insurance policy.
Mutual funds
What is an investment that pools money from several investors to buy a particular type of investment such as stocks
OR
What is Going to Disneyworld with your boyfriend or girlfriend
the interest rate in the note remains the same through the term of the loan
What is fixed rate
OR
Why when it was not broken to begin with
Compound growth calculation
What is Who cares when I can look it up on Google
OR
What is P(1+r/n)^nt
Bankruptcy chapters 7,11,13
What is CHAPTER 7 BANKRUPTCY Called liquidation bankruptcy because the bankruptcy court removes your responsibility for paying most of your debts that are not secured by collateral or property CHAPTER 13 BANKRUPTCY Also called “reorganization” or “repayment” bankruptcy is an option if you have a source of dependable income but are unable to pay your debts CHAPTER 11 BANKRUPTCY Rarely used by individuals except Bankruptcy will not remove certain “non-dischargeable” debts
OR
What are the best chapters of a terrible book
death benefit
What is the amount paid to a beneficiary upon the death of an insured person.
Buying on a margin
What is where an investor borrows part of the money needed to invest in a stock from a brokerage firm
a loan secured by property or assets that are subject to seizure on default
What is collateralized loan
Stock splits
What is A company w 100 shares of a stock priced at 50 per share. The value is 100x50=5000. The company splits its stock 2 for 1. There are now 200 shares of stock and shareholder holds twice as many shares. The share price of each share adjusted to 25. The value 200x25=5000 the same as before the split. Original value does not change, you make more money quicker
Homeowner's insurance
What is form of property insurance designed to protect an individual's home against damages to the house itself, or to possessions in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property.
Buying a stock
What is owning a part of the company
OR
What is How much cyrpto-currency should I buy?
Fair debt collection practices act
What is Is this really important to me
OR
What is section of the consumer credit protection act that aims to promote fairness in the collection of consumer debts and provide a way for clarifying and challenging debt information to ensure its validity.
Comprehensive insurance
What is It actually doesn't give you complete coverage. Comprehensive car insurance really just covers damages to your vehicle not caused by a collision.
Prospectus
What is Who cares
OR
What is A formal written offer to sell securities that sets forth a plan for a proposed business enterprise. A prospectus should contain the facts that an investor needs to make an informed decision