
Financial Literacy Flashcards
Flashcard
•
Life Skills
•
KG
•
Practice Problem
•
Medium
Emma Mitchell
Used 1+ times
FREE Resource
Student preview

39 questions
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1.
FLASHCARD QUESTION
Front
A formal request to an insurance company asking for a payment when the policyholder has an accident, illness, or injury.
Back
Claim
2.
FLASHCARD QUESTION
Front
The price paid for using someone else's money.
Back
Interest
3.
FLASHCARD QUESTION
Front
A record of the borrower's past loans and credit-related transactions.
Back
Credit History
4.
FLASHCARD QUESTION
Front
A financial product purchased by many people facing a similar risk to protect against the risk of larger losses.
Back
Insurance
5.
FLASHCARD QUESTION
Front
When another's personal information is used without their permission.
Back
Identity Theft
6.
FLASHCARD QUESTION
Front
Skills, knowledge, and experiences possessed by an individual.
Back
Transferable Skills
7.
FLASHCARD QUESTION
Front
The portion of current income not spent on consumption.
Back
Savings
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