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Vocabulary

Authored by BOBBY COURVILLE

11th Grade

21 Questions

Used 7+ times

Vocabulary
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something of value. Anything you own.

Assets

Commissions

Securities

Deductible

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Failure to repay a loan.

Guarantor

Judgment

Default

Overdraft

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenues minus costs.

Principal

Profit

Stocks

Units

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Total Revenues minus Total Cost minus one-time expenditure on equipment you will use for many years.

Brokerage

Covered Loss

Contribution Margin

Cash Flow

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount that an insurance company makes a policyholder pay as part of any claim.

Deductible

Covered Loss

Fiscal Year

Fixed Costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash.

Cash Instruments

Collateral

Lien

Maturity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money earned when something is sold.

Account Payable

Assets

Commissions

Mortgage

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