W!SE Vocab #6

Front

Annual rate for borrowing or investing, shown as a percentage representing yearly cost of funds.

Back

APR

Front

Stocks of large, established corporations with a solid profitability record.

Back

Blue Chip Stock

Front

Formal request to an insurance company for payment for a loss.

Back

Claim

Front

Measure of creditworthiness based on credit and financial history.

Back

Credit Rating

Front

Widely followed stock index averaging price movements of 30 major NYSE stocks.

Back

Dow Jones Industrial Average

Front

Payments guaranteed by your insurance provider after covered services.

Back

Insurance Benefit

Front

Govt-sponsored health insurance for low-income or disabled individuals.

Back

Medicaid

Front

Setting aside money in savings before spending.

Back

Pay Yourself First

Front

Retaking possession when a borrower defaults.

Back

Repossession

Front

Unit of ownership in a corporation.

Back

Stocks