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Vocabulary personal finance

Total questions: 30

Worksheet time: 10mins

Name
Class
Date
1.

A list of financial assets held by a person or institution

a)

Premium

b)

Rebate

c)

Portfolio

d)

Profit sharing

2.

Payment for insurance

a)

Safe deposit box

b)

premium

c)

Solvent

d)

Tradeoff

3.

Excess of revenues over outlays in a given period of time

a)

Profit

b)

Property tax

c)

Stock index

d)

Stockholder

4.

A system in which employees receive a share of the net profits of the business

a)

Savings

b)

Rebate

c)

Scholarship

d)

Profit sharing

5.

A capital tax on property imposed by municipalities

a)

Stock

b)

Shareholder

c)

Property tax

d)

Sales tax

6.

A capital tax on property imposed by municipalities

a)

Stock

b)

Shareholder

c)

Property tax

d)

Sales tax

7.

A refund of some fraction of the amount paid

a)

Profit

b)

Rebate

c)

Simple interest

d)

Standard and poor’s index

8.

A fireproof metal strongbox for storing valuables

a)

Wage

b)

Solvent

c)

Trust

d)

Safe deposit box

9.

Fixed payment for services

a)

Salary

b)

Interest

c)

Stock

d)

Savings account

10.

A tax based on the cost of the item purchased and collected directly from buyer

a)

Social security

b)

Sales tax

c)

Shareholder

d)

Simple interest

11.

A fund of money put by as a reserve

a)

Savings

b)

Solvent

c)

Overtime

d)

Overdraft

12.

A bank account that accumulates interest

a)

Grant

b)

Deposit

c)

Savings account

d)

ATM

13.

Financial aid provided to a student on the bases of merit

a)

Scholarship

b)

Grant

c)

Child deposit

d)

Simple interest

14.

A percentage of a bill added in payment for service

a)

Creditor

b)

Service charge

c)

Service

d)

Co-sign

15.

Someone who owns stock in a corporation

a)

Asset

b)

Beneficiary

c)

Shareholder

d)

Service charge

16.

Interest paid on the principal alone

a)

Simple interest

b)

Rebate

c)

Policy

d)

Profit sharing

17.

Social welfare program in the U.S

a)

Standard and poor’s index

b)

Law enforcement

c)

Child support

d)

Social security

18.

Capable of meeting financial obligations

a)

Savings

b)

Warranty

c)

Solvent

d)

Profit

19.

A broadly based stock market index

a)

Standard and poor’s Index

b)

Welfare

c)

Insolvent

d)

Income

20.

Capital raised by a corporation through the issue of shares

a)

Medicare

b)

Money order

c)

Liability

d)

Stock

21.

Someone who holds shares of stock in a corporation

a)

Stockholder

b)

Stock index

c)

Share

d)

Stock option

22.

index based on a statistical compilation of the share prices of a number of representative stocks

a)

tax

b)

Stock option

c)

Stock index

d)

Stock

23.

The right to buy or sell a stock at a specified price within w stated period

a)

Luck

b)

Stock option

c)

Trade off

d)

Treasury

24.

A depositors order to a bank to refuse payment on a check

a)

Stop payment

b)

trust

c)

Wage

d)

Rebate

25.

A direct reduction in tax liability

a)

Tax credit

b)

Tax deduction

c)

Benefit

d)

Bond

26.

A reduction in the gross amount on which a tax is calculated

a)

Tradeoff

b)

gross income

c)

Policy

d)

Tax deduction

27.

An exchange that occurs as a compromise

a)

Insurance

b)

Treasury note

c)

Trade off

28.

A letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer

a)

Deductible

b)

Bull market

c)

Cash flow

d)

Travelers check

29.

A short term obligation that is not interest bearing

a)

Treasury bill

b)

Treasury note

30.

A debt instrument with maturities of 10 years or longer

a)

Trust

b)

Fund

c)

Treasury bond