5 Written questions
5 Matching questions
- Collection Agency
- Emergency Fund
- a A business that specializes in obtaining payments from debtors who have defaulted on their loans.
- b An individual's beliefs about what is important, desirable, and worthwhile, which often influence decisions.
- c Aid in the form of money or necessities for those in need; often from a government program.
- d Compensation for work, expressed as an annual sum and paid in prorated portions regularly— usually weekly, bi-weekly, or monthly. (See Wage.)
- e Money set aside for unexpected expenses or for living costs in case of job loss.
5 Multiple choice questions
- Another name for budget.
- Physical objects—such as fine art, stamps, and antiques—that an investor buys in the hope that they will grow in value.
- A state or federally chartered for-profit financial institution that pays dividends on deposits and makes mortgage loans.
- A legal document that provides detailed information about mutual funds, stocks, bonds, and other investments offered for sale, as required by the Securities and Exchange Commission.
- A legal arrangement through which a trustor manages a trustee's assets for the good of one or more beneficiaries.
5 True/False questions
Ethics → A set of moral principles or beliefs that govern an individual's actions.
Credit Score → An agreement to provide goods, services, or money in exchange for future payments with interest by a specific date or according to a specific schedule. The use of someone else's money for a fee. (See Open-end credit, Closed-end credit, and Easy-access credit.)
Profit → The positive difference between total revenue and total expenses of a business or investment.
Rent → A position of employment with specific duties and compensation. (See Career.)
Credit Union → A state or federally chartered not-for-profit financial cooperative that provides financial services to its member-owners, who have met specific employment, residence, or other eligibility requirements.