JAFP 2 / Saving, Investing & Risk Management

IOU issued by a company or federal gov't in exchange for a loan that will be repaid.

• Invest
• Bond
• Risk
• Stock

Money paid out of pocket before insurance covers remaining costs.

• Deductible / Co-Pay
• Principal
• Short-Term Goals
• Mutual Fund

A business that provides money related services.

• Final Institution
• Premium
• Debit Union
• Financial Institution

A contract that outlines coverage plans and protects a person against financial loss or damage.

• Insurance Policy
• Long-Term Goals
• Stock
• Premium

A fee paid for the use of money.

• Invest
• Internet
• Interest
• Stock

To commit money to gain a profit or earn interest.

• Invest
• Interest
• Mutual Fund
• Bond

Plans that take a year or more to accomplish.

• Long-Term Goals
• Short-Term Goals
• Long-Term Goats
• Long-Term Golfs

A collection of stocks or bonds of various corporations.

• Municipal Funds
• Mutual Funds
• Investment Pool
• Mutual Stocks

The next best alternative given up when making a financial choice.

• Opportunity Cost
• Cost Opportunity
• Opportunity Coats
• Opportunity Coast

To automatically save a specified amount from a paycheck for future use.

• PYF
• GMI
• THP
• PYL