
Mini-Flashcard #3
Flashcard
•
Financial Education
•
9th - 12th Grade
•
Hard
Wayground Content
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10 questions
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1.
FLASHCARD QUESTION
Front
What is a stock?
Back
A stock is a share in the ownership of a company that is traded on the stock market.
2.
FLASHCARD QUESTION
Front
An investment created by pooling money from multiple investors to buy a diversified portfolio of securities.
Back
Mutual Fund
3.
FLASHCARD QUESTION
Front
Purchasing a financial product or valuable item with the goal of making money is ___________.
Back
investing
4.
FLASHCARD QUESTION
Front
The legal process of concluding the affairs of an estate is called ____________.
Back
probate
5.
FLASHCARD QUESTION
Front
What type of policy coverage pays for damages to your car in an accident you cause? Options: Comprehensive coverage, Collision coverage, uninsured motorist coverage, liability coverage
Back
Collision coverage
6.
FLASHCARD QUESTION
Front
Home prices, property taxes, zoning laws, and market trends should all be known by ______________.
Back
real estate agent
7.
FLASHCARD QUESTION
Front
A written estimate of the value of real estate is called ___________.
Back
appraisal
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