Money
Credit I
Insurance and Investing I
Insurance and Investing II
Credit II
100
Exchanging goods without involving money.
What is Barter
100
Annual percentage rate; the annual rate of interest that is charged for using credit.
What is APR
100
Formal request for payment, sent to the insurance company, to cover a loss.
What is Claim
100
Check paid to stockholders, usually quarterly, representing portion of corporate profits.
What is Dividend
100
A type of closed credit where the laid is repaid with interest in equal periodic payments.
What is Installment Credit
200
A general increase in prices.
What is Inflation
200
Character (Credit History) Capacity (Ability to Repay) Capital (Assets)
What is 3 C’s of Credit
200
The actual amount paid to a beneficiary under a life insurance policy.
What is Death Benefit
200
Ease with which an asset can be converted into cash.
What is Liquidity
200
Taking away property due to failure to repay the debt.
What is Repossession
300
How long will it take to double your money at a given rate. Interest rate divided by 72.
What is Rule of 72
300

A type of open credit agreement that allows consumers to pay all or part of the outstanding balance on a loan or credit card.

What is Revolving Credit or Open ended Credit

300
All of the investments, including stocks, bonds, mutual funds, options, and commodities, that are traded.
What is Securities
300
The average price of 30 selected industrial stocks, used as a measure of general market trends.
What is Dow Jones
300
A report detailing a person’s financial history specifically related to their ability to repay borrowed money.
What is Credit Report
400
A U.S. tax-advantaged retirement savings plan available for public education organizations, some non-profit employers, cooperative hospital service organizations, and self-employed ministers.
What is 403b
400
Something of value that a borrow lets the lender claim if a loan is not repaired.
What is Collateral
400
A government bond that is repaid within three months or a year.
What is Treasury Bill
400
America’s largest electronic stock market.
What is NASDAQ
400
The legal claim of one person upon the property of another person to secure the payment of a debt or satisfaction of an obligation.
What is Lien
500
Costs that do not fluctuate with changes in production level or sales volume.
What is Variable Expense
500

7-- Liquidation of assets; the sale of property and the distribution of proceeds to creditors. 11-- Usually used to save your real estate/home from liquidation. 13-- Reorganization, law that allows businesses to reorganize, continue functioning and pay creditors equitably according to a court-approved plan.

What is Bankruptcy Chapters 7, 11, 13

500
Tracks the prices of 500 different stocks as a measure of overall stock market performance.
What is S & P 500
500
Credit legislation that is federal; they have to tell you the truth about their lending. Have to tell the whole truth in lending practices.
What is Truth in Lending Act