Shared Flashcard Set

Details

11&12 final review
Review for mrs. Spies chapter 11&12
12
Finance
Not Applicable
05/17/2013

Additional Finance Flashcards

 


 

Cards

Term
Cert. of Deposit
Definition
A kind of savings account that requires a specific deposit for a specific period of time, which earns a higher rate of interest than a regular savings account.
Term
Bond
Definition
A written pledge issued by governments and corporations to repay a specific amount of money with interest, at a certain time, in return for lending money.
Term
Whole Life
Definition
Insurance that is permanent and offers financial protection for your entire life.
Term
Term Life
Definition
Life insurance for a specified term, such as 5 years, or to a specific age. It ends if it is no reviewed.
Term
Cash Value
Definition
Monetary values that a life insurance policy builds up that can be borrowed against.
Term
Profit
Definition
Money made on an investment over and above the amount paid for the stock.
Term
Dividends
Definition
Money received for being a stockholder.
Term
Stock Cert.
Definition
Proof of ownership in a corporation.
Term
Stock
Definition
Share of ownership in a corporation.
Term
Annual Yield
Definition
The % you receive in return for owning stock.
Term
Loss
Definition
The amount of money lost on an investment.
Term
Beneficiary
Definition
THe person who will receive the face value of a life insurance policy, if the insured person dies.
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