Stocks
The NYSE
What is the New York Stock Exchange?
Get goods and services now, pay later
What is credit?
Used to protect against potential losses
What is insurance?
type of insurance required in all states
What is automobile insurance?
Money paid in order to support government services
What are taxes?
Two things showing the economy isnt growing as quickly as it used to
What are Net Worth and Wages?
The two types of credit
What are credit cards and installment credit?
Set amount paid by the insured to have an insurance policy
What is a premium?
Federal program aimed at assisting those who are disabled or retired
What is social security?
Taxes paid straight to the government
What are direct taxes?
Distributions to shareholders to maintain hype
What are dividends?
Plastic cards issued by stores, banks, and businesses
What is a credit card
The person buying the insurance
What is a policy holder?
Insurance thay provides financial support to your family when you die
What is life insurance?
Taxes collected when paying for a good or service
What are indirect taxes?
The place the NYSE met
What is Wall Street?
Fixed monthly payments for expensive items
What is installment credit?
A request filed in the event of a loss
What is a claim?
A government healthcare program for seniors and disabled people
What is Medicare?
Tax system where the wealthy pay a higher percentage in taxes than the poor
What is a Progressive tax system?
Tracks the 500 largest companies in the NYSE and NASDAQ
What is the NSE500?
Scores used to determine whether or not to grant loans and at what interest rate
What is credit score?
Contract stating the terms and conditions of insurance
What is insurance policy?
A government sponsored healthcare program for the poor
What is medicaid
Tax system where the wealthy pay a lower percentage in taxes than the poor
What is a Regressive tax system?