banks
investment
Credit
Money
Foundations
100
known as the fed
What is the Federal Reserve
100
Savings instrument that requires a deposit for a period of time during which there is penalty's for early withdrawl
What is a Certificate of Deposit
100
the three credit bureaus
What is Equifax, Trans union, Experian
100
green
What is backround of the U.S. five dollar bill
100
pay cash for car
What is the third foundation
200
a check written for more than is in your bank account
What is bounced check
200
a period of rising stock prices
What is bull market
200
charecter capacity capital
What is 3 C's of credit
200
Federal Insurance Contributions Act; tax levied on both employers and employees to pay for Social Security and medicare
What is FICA
300
A check issued by a bank and sold to you for personal payments to people who won't accept a personal check. It certifies that you have the money available.
What is cashiers check
300
a stock market with declining stock prices
What is a bear market
300
Annual percentage rate; the annual rate of interest that is charged for using credit
What is APR
300
A quick way to figure out how long it will take to double your money at a given return rate . Interest rate divided by 72.
What is rule of 72
400
A form of check payment on which the financial institution prints the exact amount covered. Often used by people who do not have a checking account.
What is money order
400
an IOU issued by a corporation or government that confirms you are lending the corporation or government money. Bonds pay interest regularly to lenders. At the end of the term of the bond, the borrower returns to the lender the face value of the bond (the amount the lender invested in the bond).
What is a bond
400
interest earned on both the principal amount and any interest already earned
What is compound intrest
500
Make your bank records compatible with your bank statements.
What is reconcile
500
the profit from the sale of an asset such as stocks, bonds, or real estate.
What is capital gain
500
the principle that a dollar received today is worth more than a dollar received in the future
What is time value of money