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WorksheetsFinal Examination
Total questions: 20
Worksheet time: 7mins
A person who gives you information about financial products is a __________
financial adviser
financial helper
financial assistant
Some financial advisers only earn money by giving advice. Others earn ________ from selling
financial products.
wages
payments
commission
An actuary is a person who __________ insurance risk and calculates premiums
thinks about
assesses
decides
When an endowment __________, you receive a lump sum.
finishes
ends
matures
Prices go up every year. This is because of __________.
inflation
expansion
evolution
Some pension payments increase every year __________ inflation.
in time with
in line with
at the speed of
Pension payments which increase in line with inflation are __________.
index connected
index linked
index controlled
Many financial analysts predict a __________ caused by too many pensioners and not enough
workers.
pensions crisis
pensions disaster
pensions emergency
A small additional pension is known as a __________.
top-up pension
topper pension
topping pension
Banks and insurance companies are types of __________.
financial institution
finance company
financier
Pension funds are usually administered by a __________ of trustees.
group
bunch
board
Pension funds, insurance companies and other financial institutions that invest on the stock
market are known as __________.
commercial investors
institutional investors
company investors
Individual people who invest on the stock market are known as __________.
private investors
personal investors
one-man investors
In most countries, financial products and services are __________ by the government.
watched
decided
regulated
A person who has not yet completed this process is called an ___________ bankrupt
unfinished
incomplete
undischarged
The technical meaning of insolvency is that a person or company's __________ exceed their assets.
payments
liabilities
expenses
The person responsible for winding up a company which has gone into liquidation is called the
__________.
liquid
liquidator
liquidiser
When all the assets of a company have been used as security for a loan, and the company defaults on
repayments, the lender may force the company to go into ___________.
receivership
reception
reciprocation.
Supermarket chains have a __________ interest in keeping agricultural subsidies high, as they make food
cheaper to buy from farmers.
invested
vested
vestal
Many contracts contain a force majeure __________ to cover this situation.
sentence
phrase
clause
