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Personal Finance 1
Personal Finance 2
Personal Finance 3
Personal Finance 4
Personal Finance 5
100
When a business, or person is unable to pay her or his debts
What is bankrupt?
100
sum payable as profit for shares
What is dividend?
100
People who rely on another person for primary financial support---e.g., children, spouse, other family members
What is dependents?
100
Name two types of dependents
What is qualifying child & qualifying relative?
100

Money that remains after you have paid for regular or needed expenses?

What is discretionary income?

200

An investor bought 40 shares of ABC Corporation's stock at $80 a share.  Two weeks later, the investor receives notice that the corporation has approved a 2-for-1 stock split.  Based on this information, the investor would own, at the moment of the split?

What is 80 shares of the stock and the price of each share is $40?

200
Expenses that are the same amount every time
What is Fixed expenses?
200
The percentage of a sales price received by a salesperson for her or his services
What is commission?
200
This taxable income is reported on a W2 form.
What is wage?
200

The ___ is an independent federal government regulatory agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation?

What is the U.S. Securities and Exchange Commission?

300
An organization that keeps on file the credit records of consumers
What is credit bureau?
300
To take back goods bought on credit if repayments have not been made
What repossession?
300
A payment made for the use of money that has been borrowed?
What is interest?
300
What are the 5 main types of taxes?
What are Income, Payroll, Property, Sales, & Excise?
300

A Policy that accumulates cash value?

What is Whole Life Insurance?

400
The highest-valued alternative that must be given up when a choice is made
What is Opportunity Cost?
400

Insurance that provides protection from claims arising from injuries or damage to other people or property.

What is liability insurance?

400
A fixed amount of money paid on a regular basis to a permanent employee of an organization
What is salary?
400
Required charges of citizens by local, state and federal governments.
What taxes?
400
The amount the policyholder must pay for expenses before the insurance company pays anything.

What is deductible?

500
Having enough money saved to be able to withstand crises and emergencies.
What is Financial Security?
500

In the event that your credit card is stolen in the United States, federal law limits the liability of card holders to ___ regardless of the amount charged on the card by the unauthorized user.

What is 50 dollars?

500

Change from one period to another, examples: electricity and food expenditures.

What is Variable expenses?

500
What two tax forms are represented within FICA? What does each letter mean?
What is Social Security & Medicare? What is Federal, Insurance, Contribution, Act?
500

Items of personal interest to collectors that can increase in value in the future; ancient coins, works of art, etc..

What is Collectibles?