Money
Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
What is Interest
A feature offered by banks to keep your checking account from over-drafting
A number representing the creditworthiness of a person, and the likelihood that person will pay his or her debts.
What are Credit Reports
An insurance policy that will pay a lump-sum benefit to your family or another beneficiary of your choice
Term Life Insurance
The financial markets that are experiencing a prolonged period of contraction or loss.
What is Bear Market
A payment order for a pre-scribed amount of money and us purchased at different types of stores
What is a Money Order
What are pawnshops, payday lenders, tax refund lenders
What are Institutions
Provided by credit card companies
The amount that the insured has agreed to pay before the insurer is obliged to pay anything on a covered claim
What is a Deductible
When an investor has different type of investments it reduces risk of investing
What is Diversification
It is what is given up when a choice is made
Opportunity Cost
A time deposit offered at financial institution
What is a CD
A loan for items like a house, car, appliances, etc.
What is a Secured Loan
Coverage on you car insurance policy that will repair damages to your vehicle when something collides with your vehicle
What is Collision Coverage
The earnings given to the people who are shareholders of the company stock
What are Dividends
Collects taxes, prints money, and issues treasury bonds
What is the Treasury Department
The interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
What is a Compound Interest
A loan secured only by someone's good credit score
What is a Unsecured Loan
This will cover your bills while you are disables or cannot work, with and injury or illness for a certain amount of time
What is Disability Insurance
Are short-term loans sold to operate the U.S. government
What are Treasury Bills
Wages, rentals, interest, capital are what?
A short-term consumer loan secured by a taxpayer's expected tax refund
What are Tax anticipation Loans
Equifax, TranUnion, Experian are all what?
An insurance you buy to protect you furniture, belongings, etc. in case of a burglary,
fire, or some natural disaster
What is Renters Insurance
A diversified set of investments held by an individual or institutional investor
What is a Investment portfolio