WorksheetsJA Finance Unit 2 Vocabulary
Total questions: 14
Worksheet time: 7mins
An IOU issued by a company or the federal government in exchange for a loan from an investor that will be repaid with a set of return.
Bond
Interest
Invest
Risk
A business that provides money-related services.
Mutual fund
Financial Institution
Savings Account
Insurance Policy
A fee received or paid for the use of money.
Bond
Interest
Principle
Risk
To commit money to gain a profit or earn interest.
Bond
Opportunity Cost
Invest
Stock
A collection of stocks or bonds of various corporations.
Bond
Premium
Savings Account
Mutual Fund
The next best alternative given up when making a financial choice.
Opportunity Cost
Pay Yourself First
Savings Account
Mutual Fund
To automatically save a specified amount from a paycheck for future use.
Opportunity Cost
Pay Yourself First
Savings Account
Deductible/Co-Pay
The amount of money originally invested.
Principle
Risk
Stock
Premium
The possibility of financial loss or physical harm.
Principle
Risk
Stock
Opportunity Cost
An interest-bearing account where people put money for future use.
Pay Yourself First
Savings Account
Insurance Policy
Financial Institution
A share of a corporation sold to the public.
Bond
Deductible/Co-pay
Invest
Stock
The amount paid for an insurance policy.
Principle
Deductible/Co-Pay
Stock
Premium
A contract the outlines coverage plans and protects a person against financial loss or damage.
Mutual Fund
Principle
Insurance Policy
Premium
Money paid out of pocket before insurance covers the remaining cost.
Principle
Deductible/Co-Pay
Mutual Fund
Premium
