Economics

Term
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Call Option
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Terms in this set (20)
Call Option
the option to buy shares of stock at a specified time in the future
Name one retirement plan and identify its key terms
401k is a company sponsored retirement plan
Name one feature of auto insurance
Liability is the coverage for other vehicles in accidents that the customer was involved in
Name and Identify one type of cash account
brokerage account which investor must pay full amount for securities purchased
Name at least one type of treasury bond
t-bill
difference between term and whole life
term is over a certain amount of time while whole life is lifetime coverage
name a type of health insurance and its features
group insurance covers a group of employees of a company
the relation between treasury bond prices and the stock market
as bond prices rise the stock prices drop
What is a savings account?
a bank account that earns interest and is for future use
What is CD?
certificate of deposit
Option Expirationthe month your conract expiresUniversal Life Insurancepermanent life insurance with an investment savings element plus low premiumslist 3 major cryptosbitcoin, ripple, EOSpublic stocka company that issue shares of stockssaving bondsgovernment debt issued to American citizenswaiting periodstime period before insurance coverage comes into effectstrikeset price which derivative can be bought or soldwho owns geico ad what does it stand forwarren buffet; government employees insurance companymedicare supplement planplan to fill the gaps that medicare cannot coverputthe right to buy or sell stocks