The difference between the wholesale price and retail price
What is "markup"?
100
Diversification allows for
What is "reduced risk"?
100
The time between the disabling event and the beginning of payments in your disability coverage
What is the "elimination period"?
100
The flow of money in a family represents the ___________, under which that family operates
What is a "value-system"?
100
When a company hires you, you will fill out a _________ form. The information on this form is the basis for determining how much income tax should be withheld from your paycheck.
What is a "W-4"?
200
The process of quantifying costs and benefits of a decision
What is "cost-benefit analysis"?
200
The quality of an asset that permits it to be converted quickly into cash without loss of value; availability of money
What is "liquidity"?
200
Describes the type of coverage in an insurance agreement
What is a "policy"?
200
A person who thinks that everything will work out fine and typically hates to deal with the details
What is a "free-spirit"?
200
This tax pays for benefits that workers and families receive for either Social Security or Medicare
What is "FICA"?
300
To bargain for a lower price
What is to "negotiate"?
300
A list of your investments
What is a "portfolio"?
300
A legally enforceable declaration of how a person wishes his or her property to be distributed after death
What is a "will"?
300
A situation in which a person is lacking time, which leads to stress
What is "time-poverty"?
300
A brief account of oneʹs professional or work experience and qualifications, often submitted with an employment application
What is a "resume"?
400
The exchange of goods or services without the use of money
What is "barter"?
400
The government agency responsible for regulating the stock market
What is "Securities Exchange Commission" or the SEC?
400
Amount you must pay before you begin receiving any benefits from your insurance company
What is a "deductible"?
400
A person who is picky about budgeting and details
What is a "nerd"?
400
A federal insurance program funded by taxpayer dollars that provides benefits to people who are retired, unemployed or disabled
What is "Social Security"?
500
The ability to walk away from a purchase when negotiating
What is "walk-away power"?
500
A retirement plan found in nonprofit organizations such as churches, hospitals and schools
What is a "403b"?
500
An amount of money you pay to help cover a portion of your medical costs
What is a "co-payment"?
500
The quality or state of being responsible, liable or answerable