Ascent of Money
This European country is where bonds were born
What is Italy?
Money charged on interest
What is compound interest?
Any money made from working, government assistance, child support, alimony, disability, social security, etc.
What is income?
What a bank CD stands for
What is a Certificate of Deposit
The once-a-year fee that some credit cards charge
This Jewish family has cornered the bond market since the early 1800's
Who are the Rothschildes
Three financial services learned in Lesson 2
What are (3 of these): Checking, Savings, ATM/Debit, Loans, CDs, MMKTs, Credit Cards, Mutual Funds and/or Securities?
An expense that doesn't change month to month
What is a fixed expense?
A method of raising capital through the sale of bonds, bills, or notes
What is debt financing?
The failure of a borrower to repay the loan
What is default?
This port city of the Confederacy was taken by the Union and made it nearly impossible to export cotton
Anything that you own with value
What is an asset?
Money left over after paying all of your bills
What is discretionary income?
The act of one corporation acquiring another by purchasing its shares or by purchasing its assets
What is an acquisition?
The cost of borrowing money, expressed as a percentage
What is interest rate?
The country we learned about on Ascent of Money that was at the forefront of the 1989 bond crisis
What is Argentina?
Interest charged on principal
What is simple interest?
Any bill that changes in amount from month to month
What is a variable expense?
A loan or offer of money to a business in order to save it from bankruptcy; a financial rescue
What is a bailout?
An interest rate that goes up or down depending on the market rate
What is a variable rate?
The major battle that the Duke of Wellington launched against Napolean
What is Waterloo
Anything you owe to others; A debt
What is a liability?
Money spent over what you earned is called...
What is a deficit?
The combining of two or more companies into one larger company
What is a merger?
A loan used to purchase a home. The property is used as security.
What is a mortgage?