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Finance Terms
Finance Terms
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1
What is annual percentage yield?
A summary of a corporations financial results for the year.
It is something.
It is not something.
The spread of risk among many types of investments.
2
What is a depository institution?
A fast food establishment
a car
Businesses that provide financial services
An online service
3
What is a stock?
A large corporation
A particular business
Partial ownership in a company
An investment in a particular bank account
4
What type of crime is a felony?
When a judge is impeached?
Felony's violates the constitution?
more serious crime punishable by more than a year in prison?
less serious crime with punishment less than a year in jail?
5
What are two common loans that can be applied for at a bank?
Cash & Change Loan
House & Boat Loan
Personal & Business Loan
Now & Later Loan
6
What is the best way to ensure that you are safe when you are on a date?
Review your date's Facebook profile and social media posts
Meet in public locations.
Inform your parents of your plans and when you will be home.
Text a friend to provide updates.
7
What is a stop-payment order?
A computer-based system
A request that the bank not honor a specific check
A check written by a bank on its own funds
People do not want to use cash
8
what is Discretionary Income?
the amount of money owed to the bank
idk
money before taxes
money left after taxes
9
What is interest?
The price paid for using someone else's money
Dictates whether a bank will service you in any matter
A place to buy on credit
How much you like your money
10
what is an example of a stock exchange?
bikini bottom stock exchnage
Antarctica stock exchange
TSX
New York Stock Exchange
11
What is refund?
Pay your dues
Get your money back
Repayment of a sum of money
Credit
12
What is the types of bonds?
Municipal bonds
U.S. savings bonds
War bonds
All
13
where is the Stock market?
church street
orlando ave
wall street
brooklynn road
14
what is an annuity?
provides an investor with a series of regular payment
A thing
is provided by insurance company
Diversify the investments made
15
Why do people get life insurance?
To financially protect their family
Cause they can
You’re supposed to
They have the time to
16
What is a personal bank account?
How you feel about yourself
Money
How you feel about others
Relationships
17
What is a budget?
The money that you spend.
Something made by your parents that you don't need to know.
Something that you don't need to know.
A plan to lay out your financial plan.
18
income tax is a tax on wages, salaries and...
my pennies
self-employed earnings
dependents
my dog
19
What is the rule of 72?
to figure out a complex math problem
to figure out a weird anomaly
to figure out how long it'll take to double your money
to figure out how much money you have
20
What is a bank
a place to store milk
a daycare
a place to store blood
a place to deposit money
21
How do you get a share of stock?
Go to the stock store
Purchase through an eBay account
Purchase with an Etrade account
Purchase through the MSM Market
22
Life insurance covers.......
medical expenses
disability insurance
death of family members
car wrecks
23
What is credit?
A place to buy milk
The plastic "swipey" thing to pay for stuff or something
Borrowing money
Being given money for free
24
What is interest rate?
the cost of borrowing money and the reward for saving it
how fast you pay off the mortgage
how many shares a company sells
repaying money raised by selling shares
25
Why do companies choose to issue stock?
To calculate dividend yield
To raise money
Just because
To determine the supply and demand of stock
26
Net Worth is the total cash value and property value minus your debts.
True
False
27
What is a joint stock company?
A business entity with the same stocks.
A business entity with different stocks.
A company with lots of stock.
A company that has a joint deal.
28
What is Deduction?
Add to an account
The action of subtracting something.
Getting money back
Increased balance
29
What is a check?
A written loan from the bank
A written order to a bank to pay the amount stated
Paper
A booklet used to record checking transactions
30
what is Estate tax
a federal tax collected on the value of a persons property
a state tax left by a person to his or her heir
a tax on wages, salaries, and self employed earnings
who cares? not me I'm going to be a youtuber
31
What is Medicare?
Federal health insurance program.
Summer program
Daycare for babies
Doctor's appointment
32
What is overdraft?
The stock market demand and supply.
The total number of shares you have which can be sold.
Extension of credit past the amount of money you own.
Maximum amount you can withdraw
33
A bank statement is...
a statement the bank sends you, warning you of low funds
a report of deposits, withdrawals, and bank balances
34
Maturity date for bonds is
Amount capital that must be repaid at maturity
Date when a bond matures and the principal must be repaid
Bond that has a single maturity date
Amount of annual interest income
35
what is a ceo
chief executive officer
chef excellence omni
chief excellent officer
chosen executive officer
36
What are two common accounts you can open at a bank?
Small & Large
Checking & Banking
Spending & Saving
Checking & Savings
37
Is a 401k tied to the stock market?
Yes
No
38
What is collateral:
Something you must sell for a loan.
Something you deposit as security for a loan.
Something you trade permanently for money.
Something you must not have to be eligible for a loan.
39
A cancelled check is stamped by the bank.
True
False
40
what is on a W-2
amount withheld
how much you make a year
annual earnings
fanfics
41
Auto insurance helps cover the passengers in your car and other drivers on the road.
false
true
42
inheritance tax is...?
a state tax collected on the property left by a person heir
a tax on wages
a federal tax collected on a persons property
the money I get after I kill my parents
43
What is a landlord?
The person who is renting the apartment
The company or individual that owns an apartment
The name of the apartment
44
What is the universal accounting equation?
A = L + OE
A - L = OE
A = L - OE
A + L = OE
45
What is an advantage to a checking account?
Convenient way to pay bills
Withdrawal limits
Overdraft fees
Paying fees
46
what is a landlord
a sleeping dog
someone who rents out a building
someone who does not have to work
someone who rents a car
47
where you might have a savings account
factory
bank
wants
needs
48
What is tax rebate?
A refund on your tax for doing well at work
Having to pay more tax because you underpaid last year
A refund on tax because you were fired
A refund on tax you paid if you have paid too much
49
What is a deductible?
Interest rate that has the ability to change over time
A policy that protects against inconvenient expenses
An amount you pay before the insurance company pays it off
Interest rate that doesn’t change
50
A checking account allows you to write out
tickets
behavior referrals
widgets
checks
51
What is income tax?
An amount of money taken away if you earn more than £50k
A percent deduction monthly of your salary to the government
An amount you pay into your own savings each month
A scheme you can opt in or out of
52
What is a bond?
Statement to receive payment from a business
Bill that extends the life of a company
Contract to repay borrowed money & interest
Treaty to repay a favor from someone
53
Income tax is...
a percentage of your wage that is put into a savings account
a percentage of income that is put into superannuation
stays the same no matter how much a person earns
means tested and increases slightly based on yearly income
54
Tax Withholding is ...
A plan for saving taxes
Taxes that are taken out of your paycheck every pay.
A kind of income receipt
Extra money that contribute to your country
55
What is Gross income
income received after tax and NI has been paid
total income received from all sources
net income
income after tax has been paid
56
Do you need renters insurance
maybe
idk
no
yes
57
Where is stock bought and sold?
Brokerage house
Stock market
Stock exchange
From a stock broker
58
What is a bullish stock market?
When the speculation maintains the share price index.
When the market equilibrium does not change.
Prices are generally falling over time.
Prices on average are rising over time.
59
a fine is something you have to pay, for example a late fee, an overdraft fee, a speeding ticket
True
False
60
what is gross income?
your income on gross things
ew boogers
your total income
your total income after reductions
61
What is the penalty for cashing in a Certificate of Deposit (CD) before its maturity date?
You lose all the interest you earned.
You get an early redemption fine.
There is no penalty.
You have to pay double taxes on the interest.
62
What is a written agreement between the landlord and the tenant?
an endorse
a lease
a contract
a deposit slip
63
what is a income tax return
A form taxpayers report how much money they get from working
I am the babadook
form where taxpayers report how much money they didn't make
64
The maturity value of a note is the ________.
principal amount times the interest rate
principal amount plus interest due
principal amount minus interest due
face amount of the note
65
What is another name for a demand deposit?
Savings Accounts
Financing Account
Retirement Account
Checking Account
66
What term is given to a rising-price stock market?
bearish
bear market
bullish
bull market
67
What are two characteristics of a commercial bank?
For profit and open to anyone
Not for profit and has membership qualifications
Wait, where am I?
For profit and has membership qualification
68
What is an Outstanding Deposit?
A way to sell stocks
A deposit for a very large amount
A place to store change
deposit made at a bank but not yet shown on a bank statement
69
Tax Day is...
April 6
January 1
April 15
February 17
70
What is the Federal Reserve?
A bank for the United Nations
A bank used by government officials
Nations central bank
Donald Trump's bank
71
what is a tenant
someone who farms
someone who rents land or space
someone who rents out land
someone who stays in a hotel
72
What determines the price of stock?
Growth of the stock
Demand of the stock
Income of the stock
Supply of the stock
73
Which has a specific maturity date?
Certificate of Deposit
Regular Savings Account
all
none
74
Why do people buy stock?
To invest
To raise moeny
To spend money
Just because
75
What is the highest amount you can have on the check?
99 Million
500 million
$100 million
50 thousand
76
WHAT IS RENTERS INSURANCE
INSURANCE FOR A LOWER COST ON THE REPAIRMENT
INSURANCE THAT COVERS ONE'S BELONGINGS
INSURANCE A LANDLORD HAS TO KEEP EVERYTHING SAFE
INSURANCE THAT PROTECTS YOUR HOUSE
77
what is maturity date?
the date at which money is repaid to the investor
when you hit puppetry
due date at which installment loan must be paid off
having to repay your parent for letting you live at home
