What is the term for having an abundance of money and other assets?

What is the name of the contract that roommates create and sign to outline the living arrangements, rules, and expenses of their shared space?

An item of value that you own. Ex: stocks, cash, bonds, real estate, etc.

What is the difference between a person's debt and assets?

What is the term for a written record of a person's current financial statement?

What is the summary of the amount of money received and paid for goods and services during a specific period?

What is the act of giving money, goods, or services to meet the needs of others and to support important organizations and causes?

What is the name of the amount spent on an item that a person does not need?

What is the name of an expense that changes in the amount and time it must be paid?

The cost of goods and services you buy.

What is the set amount that must be paid by each budget period?

Any form of money received, such as an allowance, paycheck, or gain from an investment is called ______

A ____ is a plan for the use of money over time and is based on goals, expenses, and expected income.

What is the medium of exchange that allows people to buy goods and services now but pay later?

A loan for a specific amount of money that must be repaid with finance charges by a specified date is called ______.

The total amount paid by a borrower to a lender for the use of credit is called a ________.

A legally binding agreement between a borrower and lender.

______ is the amount borrowed.

Which allows the borrower to use a specific amount of money for an indefinite period of time?

The preapproved amount one can borrow.

Which type of loan requires collateral?

A ____ is a person who promises to pay back a loan to the lender if the borrower is unable to make the payment. A ____ signs the loan with the person to whom the loan was granted.

What is a loan made on the strength of a signature alone?

What is property a borrower promises to give up in case of default?

What is the record of a person's credit history and financial behavior?

The numerical measure of a loan applicant's creditworthiness at a particular point in time is called a _____.

The fraudulent use of someone else's credit information.

What is stealing of someone else's personal information and using it to commit theft or fraud?

What is the annual cost of credit that a lender charges?

What is the name of the online crime where a person sends a fake email in hopes of getting another person to share their personal information?

Having assets, income, and the tendency to repay debts build _______.

What is the measure of the likelihood that something will be lost?

What is the form of risk management that pools the premiums of a large group of people to cover the expenses of the smaller number within the group who suffer losses?

The amount of money regularly paid to an insurance company for a policy.

Who is the person that has purchased insurance?

Who is the individual who relies on someone else for financial support, such as a child, a spouse, or an elderly parent?

The amount you pay toward your medical expenses before your insurance company begins to pay.

What is the healthcare plan that pays for covered medical services after treatment is provided?

What is the percentage of the service costs that patients pay?

What is the type of health care plan in which the insurance company contracts with specific doctors, hospitals, and other healthcare providers to deliver medical services and preventative care to members at reduced costs?

What is the flat fee that the patients must pay for medical services?

What is a tax advantaged savings account that is available to people enrolled in qualified high deductible health plans?

What's the medical service that is not covered in an insurance plan?

An injury or illness that a person has before signing up for health care insurance is known as a _.

Who is the person or organization that is named by the policyholder to receive the death benefits of an insurance policy after the policyholder's death?

What type of insurance provides protection for a specific period of time?

What type of insurance plan provides basic lifetime protection as long as premiums are paid?

What type of insurance plan pays the face value of the policy to the beneficiaries if the insured dies before the endowment period ends?

What type of insurance policy covers loss amounts that are higher than those covered by primary policies?

What is the decrease in property value due to age or wear and tear?

What is the attachment to existing insurance coverage, such as a family policy that has tv protection, computer protection, and protection for other expensive items that are taken to college?

Insurance coverage protecting you when you are responsible for an accident resulting in death or injury to others Is called _____.

Insurance coverage protecting you when you're responsible for an accident causing damage to another's property is called _____.

What insurance plan eliminates the fault-finding process in setting claims?

A person whose care requires a stay in the hospital.