Health Insurance
_______ coverage provides protection against the catastrophic expenses of a serious injury or illness.
Major medical
_______ insurance provides funds to the beneficiaries when the insured dies.
Life
_________ represents a type of stock that pays a fixed dividend but has no voting rights.
Preferred stock
Borrowing money to buy stock is called _________.
Buying on Margin
A(n) _________ is a benchmark that stock investors use to judge investment performance.
stock index
The date on which the principal amount of a note, draft, acceptance bond or other debt instrument becomes due and is repaid to the investor and interest payments stop.
Maturity date
_______ is a group health insurance provision that specifies how the insurers will share the cost when more than one policy covers a claim.
Coordination of benefits
People who will receive the benefits of an insurance policy are called _______.
beneficiaries
A(n) _________ is a company whose stock is traded openly on stock markets.
Public corporation
An abbreviated stock name used in stock listings is known as the stock’s _________.
Ticker Symbol
Stocks in corporations that reinvest profits into the business so that it can grow are called _________ stocks.
Growth
The income return on an investment
yield
A(n) _______ is any medical condition that a person has before being enrolled in an insurance plan.
preexisting condition
_______ term insurance gives the insured the right to renew the policy each year, without having to pass a physical exam.
Renewable
When a corporation is profitable, the stockholders often receive a distribution of money from the corporation’s earnings called _________.
Dividends
A marketplace where brokers buy and sell securities is called a(n) _________.
securities exchange
Stocks that have a history of consistently paying high dividends are called _________ stocks.
Income
A _______ is an investment vehicle that pools money from many investors to invest in a diversified portfolio of securities, such as stocks, bonds, and other assets.
mutual fund
A(n) _______ is a group health insurance plan offering prepaid medical care to its members.
health maintenance organization (HMO)
_______ is the savings accumulated in a permanent life insurance policy that you would receive if you canceled your policy.
Cash value
_________ represents a type of stock that pays a variable dividend and gives the holder voting rights.
Common Stock
A corporation’s after-tax earnings divided by the number of common stock shares outstanding is _________.
earnings per share
_____ are used by companies, municipalities, states, and sovereign governments to raise money and finance a variety of projects and activities.
Bonds
A __________ is a collection of stocks that an investor holds with the goal of making a profit. It can also include other assets like bonds, mutual funds, and real estate.
Stock Portfolio
A(n) _______ is a group of health care providers who band together to provide health services for set fees.
Preferred Provider Organization (PPO)
________insurance provides coverage for a predetermined period and is more affordable than whole life insurance. It does not accumulate cash value, meaning you can’t withdraw or borrow against the policy while you’re alive.
Term life
A(n) _________ is an increase in the number of outstanding shares of a company’s stock.
Stock Split
Stocks of large, well-established corporations are called _________ stocks.
Blue chip
The yield paid by a fixed income security. This yield, however, will change as the value of the bond changes, thus giving the bond's yield to maturity.
Coupon rate
________in economics refers to putting money to work for a period of time in some sort of project or undertaking to generate positive returns.
Investing