8th grade FACS: Saving, Investing, and Risk Management
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| bond | an IOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that will be repaid with a set rate of return.
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| financial institution | a business that provides money-related services
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| interest | a fee received or paid for the use of money
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| invest | to commit money to gain a profit or earn interest
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| mutual fund | a collection of stocks or bonds of various corporations
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| opportunity cost | the next best alternative given up when making a financial choice
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| Pay Yourself First (PYF) | to automatically save a specified amount from a paycheck for future use
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| principal | the amount of money originally invested
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| risk | the possibility of financial loss or physical harm
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| savings account | an interest-bearing account where people put money for future use
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| stock | a share of a corporation sold to the public
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| insurance policy | a contract that outlines coverage plans and protects a person against financial loss or damage.
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| premium | the amount paid for an insurance policy
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To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
mnunn
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