H&R Block Budget Challenge Vocabulary #2

: Evaluates the risks of a person to determine loan approval.

Commission fee whenselling stock.

A detailed report of an individual’s credit history prepared by  a credit bureau 

Maintain historical information about an individuals credit experience.

A number assigned to a person that indicates to lenders their capacity to repay a loan.

Investments that  automatically follow  trading rules such as  mirror a market sector

technology for establishing an encrypted link between a web server and a browser.

Credit  not backed by collateral.

Costs associated with buying orselling stock

Cost of not choosing an option

Income tax return for single and joint filers with dependents used to itemize deductions.

Amount of time allotted for repayment of a loan

Money charged by the lender for the amount borrowed, expressed as an annual percentage.

tax return that allows for more complexity than the 1040EZ but less than the longer 1040.

Income tax return for single or joint filers with no dependents and simple tax circumstances.

 A tax form that reports the year-end summary of all non employee compensation.

Amount of money an individual pays to have insurance coverage.

: A flat fee that is charged annually to manage an account.

Maximum amount a credit card company will allow someone to borrow on a single card.

Amount charged by a lender to a borrower for not paying back credit on time.

Asset assigned as security for a loan.

Typically a% of investor’s assets

Investments with a fund manager frequently trading in the fund to maximize returns.

Formal request for payment based on an insurance policy.

Commission fee when buying stock.

Software that is intended to damage or disable computers and computer systems.

looking though trash to get sensitive information about an individual

: Legal claim to the property of borrower to secure the payment of a debt or an obligation.

Amount an individual pays for the unexpected event before insurance or warranty will  pay .

Ongoing costs associated with owning a particular stock.

Amount of money borrowed.

A measure that compares the benefits to the costs of an investment.

Contract betweenan insurance company and an individual

The  ratio of fund expenses to fund assets

Fraudulently acquiring/using another person’s identifying information for financial gain.

Credit backed by collateral.

Amountof time for an investment to break even

stealing financial information by posing as a company.