This is a term to describe the process of making coins. Also the name of a location where the process takes place.
What is the mint?
100
This is similar to money order except it is issued only by financial institutions, usually for a larger amount.
What is a draft?
100
It is the adjective used for certain products that can be sold quickly for quick cash.
What are "liquid" products?
100
This is known as the privilege of using someone else's money for a certain period of time.
What is credit?
100
This Canadian telecoms company was one of the most hard hit when the tech bubble "burst" in 2001.
What is Nortel Networks?
200
This is the desire to purchase the latest and greatest items to be more noticed and to improve their status.
What is conspicuous consumption?
200
These are sometimes known as "near banks".
What are trust companies?
200
This is the loan that the Canadian government receives from you.
What is the Canadian Savings Bond (CSB)?
200
These are the three C's of credit.
What are character, capacity and capital?
200
This government program was introduced in 1957 to encourage people to save more for retirement.
What is the registered retirement savings plan (RRSP)?
300
This is the first step to create a personal budget
What is calculating the amount of income you earn (gross income)?
300
These allow businesses to operate in the evening and deposit their days earnings safely.
What are night depositories?
300
This is a property consisting of land and buildings, it is also the most expensive purchase for some people.
What is real estate?
300
This is a form of installment credit in which the borrower agrees to make fixed monthly payments over a set period of time.
What is a term loan?
300
Canada's first credit card company (now Visa) was introduced in this year.
What is 1968?
400
This is the type of purchasing that some stores want you to do by placing products near the checkout.
What is impulse buying?
400
It is MICR when expanded.
What is magnetic ink character recognition?
400
This is a systematic method of placing money aside to meet a financial goal.
What is a savings plan?
400
This is one of the largest problems associating with having a credit card. It comes in several forms such as false applications, counterfeits and unauthorized withdrawal.
What is credit card theft?
400
If a cheque is written, but an insufficient amount of money is found on the account, then the cheque will be invalid; this term.
What is a "bounced" cheque?
500
This is the name the guarantee that a manufacturer or dealer makes when selling certain products.
What is a warranty?
500
These must be filled out in order to deposit or withdraw money write cheques and engage others in financial transactions.
What is a signature card?
500
A stock quote, which is usually consulted when researching stocks, consists of these two prices.
What are the bid and ask prices?
500
A borrower with several debts should consider getting this form of loan, which combines all debts into one loan.
What is a consolidation loan?
500
This man started off trading one red paperclip and fourteen trades later, he ended up with a house.