5 Written questions
5 Matching questions
- fixed annuity
- variable annuity
- a purchasing risky investments that present the possibility of large profits, but also pose a higher-than-average possibility of loss.
- b a list of your investments.
- c contract sold by an insurance company, designed to provide payments to the holder at specified intervals, usually after retirement; the holder is taxed at the time of distribution or withdrawal, making this a tax-deferred arrangement.
- d annuity that has a varying rate of return based on the mutual funds in which one has invested.
- e type of annuity that guarantees a certain rate of return; see annuity.
5 Multiple choice questions
- distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders; generally distributed in the form of cash or stock.
- fund that buys stock in medium-sized companies that have experienced some growth and are still expanding; also called a mid-cap fund.
- mutual fund that seeks to maintain a stable share price and to earn current income by investing in interest-bearing instruments with short-term (usually 90 days or less) maturities.
- mutual fund that seeks to provide max. long-term capital growth from stocks of primarily smaller companies or narrow market segments; dividend income is incidental; the most volatile fund; also referred to as a small-cap fund.
- a term used to designate all contracts covering the sale of financial instruments or physical commodities for future delivery on a commodity exchange.
5 True/False questions
risk → Certificate of Deposit, usually at a bank; savings account with a slightly higher interest rate because of a longer savings commitment (i.e. six months, one year, etc.).
track record → the past history of something; with investments, look at the five or ten year record.
savings account → accounts at financial institutions that allow regular deposits and withdrawals. The minimum required deposit, fees charged, and interest rate paid varies among providers.
mid-cap fund → mutual fund containing a group of medium-sized companies that are growing.
single stocks → Securities that represent part ownership or equity in a corporation, wherein each share is a claim on its proportionate stake in the corporation's assets and profits, some of which may be paid out as dividends.