What is a credit union?

nonprofit that is privately owned and controlled by members

a fee paid for the use of money over time.

a categorized list of words related to particular topic

What is an insurance company?

a financial institution that protects persons against risk

degree of uncertainty of return on an asset

What is an investment?

an item that is bought with hope it generates income

a share of ownership in a company

What is the financial advisor?

A professional who provides financial planning and advice

What is simple interest ?

interest based on principal amount,not earned interest

a fee paid for the use of money over time.

What is future value?

what an amount invested today at a particular interest rate

What is time value of money

money's potential to grow in value over time

the science of the management of money & other assets

What is the national credit union administration?

a federal agency that regulates federal credit unions

to reduce the value of something

a depository institution where one can keep and borrow money

the act of buying something or borrowing moneyto later repay

What is present value?

value of future cash stream discounted at mark interest rate

the declining value of money due to rising prices

What is compound interest?

interest earned on both the principal amount and any interes

What is the federal reserve?

central bank with 12 branches that regulates us monetary

What is a finance manager?

an individual who manages $ & assets , individual or organiz

a person who makes funds available with funds repayment

a type of trade in which goods and services are exchanged

What is financial literacy

the ability of individuals to make appropriate decisions on$

What is a financial analyst?

an employee of a bank, a brokerage, a financial advisor etc.

a current medium of exchange in the form of coins & banknote

What is the financial services industry?

financial institutions that help consumers manage money

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Principles of Finance Lesson 1 & 2

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Questions 29

Answers

1
What is a credit union?
nonprofit that is privately owned and controlled by members
An agency of the US that promotes public confidence in USA
what an amount invested today at a particular interest rate
a professional who provides financial planning & advice
2
What is a wealth?
answer 1 and 2
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I don't know
a great quantity or store of money, possessions, property
3
What is interest?
a share of ownership in a company
an item that is purchased with the hope that it will get $
a fee paid for the use of money over time.
a person who makes funds available with repayment plus inter
4
What is a taxonomy?
a science word
an animal
a categorized list of words related to particular topic
a new word
5
What is an insurance company?
money's potential to grow over time
a financial institution that protects persons against risk
degree of uncertainty of return on an asset, could have loss
the value of a future cash stream discounted at interest %
6
What is risk?
ability of individuals to make good decisions in finances
money' s potential to grow in value over time
a financial institution that protects persons against loss
degree of uncertainty of return on an asset
7
What is an investment?
a share of ownership in a company
a current medium of exchange in the form of coins & banknote
a current medium of exchange in the form of coins
an item that is bought with hope it generates income
8
What is a stock?
the declining value of money due to risng prices
to reduce the value of something
a share of ownership in a company
a current medium of exchange
9
What is the financial advisor?
an institutution that protects persons against risk
degree of uncertainty of return on an asset
A professional who provides financial planning and advice
the amount of interest based on an principal amount
10
What is simple interest ?
degree of uncertainty of return on an asset
a financial institution that protects persons against loss
interest based on principal amount,not earned interest
science of management of money and other assets
11
What is interest ?
a fee paid for the use of money over time.
am agency that serves to supervise & regulate credit unions
money's potential to grow in value over time
interest based on a principal amt ,not earned interest
12
What is future value?
degree of uncertainty of return on an asset
money's potential to grow in value over time
the amount of interest based on a principal amount
what an amount invested today at a particular interest rate
13
What is time value of money
money's potential to grow in value over time
a professional who provides financial planning and advice
an institution that protects persons against the loss
interest earned on principal amount and any interest earned
14
What is finance?
a categorized list of words related to a particular topic
the science of the management of money & other assets
a share of ownership in a company
an item that is purchased with the hope that will generate $
15
What is the national credit union administration?
science of the management of money & other assets.
a federal agency that regulates federal credit unions
interest based on a principal amount,not earned interest
the value of a future cash stream discounted at market rate
16
What is devalue?
to reduce the value of something
the declining value of money due to rising prices
a current medium of exchange in the form of coins
a share of ownership
17
What is a bank?
a professional who provides financial planning and advice o
where an amount invested today at a particular interest rate
Interest earned on both the principal amount and any interes
a depository institution where one can keep and borrow money
18
What is credit?
a current medium of exchange in the form of coins & banknote
the act of buying something or borrowing moneyto later repay
to reduce the value of something
a share of ownership in company
19
What is present value?
a financial institution that protects persons against risk
money's potential to grow in value over time
degree of uncertainty of return of an asset
value of future cash stream discounted at mark interest rate
20
What is a inflation?
the declining value of money due to rising prices
a current medium of exchange in the form of coins & banknote
a share of ownership in a company
a current medium of exchange in the form of coins and bankno
21
What is compound interest?
interest earned on both the principal amount and any interes
financial institutions that help consumers, businesses, and
what an amount invested today at a particular interest rate
the ability of individuals to make appropriate decisions in
22
What is the federal reserve?
the ability of individuals to make appropriate decisions
central bank with 12 branches that regulates us monetary
degree of uncertainty of return on an asset; loss ispossible
the amount of interest based on a principal amount
23
What is a finance manager?
a share of ownership in a company
a fee paid for the use of money over time.
an item that is purchased with the hope that will generate $
an individual who manages $ & assets , individual or organiz
24
What is a lender?
a person who makes funds available with funds repayment
to reduce the value of something
a current medium of exchange in the form of coins & banknote
a share of ownership in a company
25
What is a barter?
a type of trade in which goods and services are exchanged
to reduce the value of something
a current medium of exchange in the form of coins & banknote
the declining value of money to due rising values
26
What is financial literacy
the ability of individuals to make appropriate decisions on$
degree of uncertainty of return of an asset
central bank
interest earned on both the principal amount and any interes
27
What is a financial analyst?
a share of ownership in a company
an employee of a bank, a brokerage, a financial advisor etc.
a great quantity or store of money
a categorized list of words related to a particular topic
28
What is money?
to reduce the value of someting
a great quantity or store of wealth
a share of ownership in a company
a current medium of exchange in the form of coins & banknote
29
What is the financial services industry?
money's potential to grow in value over time
financial institutions that help consumers manage money
degree of uncertainty of return of an asset
financial institutions that help consumers, businesses, gov

Principles of Finance Lesson 1 & 2 Flashcards | StudBud