Armuchee Personal Finance Terms
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| Stock whose dividends are based on market fluctuations. | show 🗑
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| show | Proportional Tax
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| Tax for which the percentage of tax increases as income increases. | show 🗑
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| Tax for which the percentage of income paid in taxes decreases as income increases. | show 🗑
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| Money an investor receives over and above the amount initially invested. | show 🗑
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| Market for selling financial assets that can only be redeemed by the original holder. | show 🗑
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| show | Secondary Market
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| Interest that is paid on principle and interest. | show 🗑
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| show | Simple Interest
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| show | Mutual Funds
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| Formal contract to repay borrowed money with interest at fixed intervals. | show 🗑
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| show | Stocks
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| show | Preferred Stock
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| show | Growth Stock
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| show | Income Stock
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| show | Dividends
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| show | Money Market
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| Market in which money is lent for periods longer than a year. | show 🗑
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| show | Personal Investing
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| Investing done by businesses. | show 🗑
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| show | Property Insurance
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| Insurance that covers needs such as doctor’s visits and hospital visits. | show 🗑
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| Insurance that a person purchases when they buy a car. | show 🗑
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| show | Risk
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| show | Saving
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| Exchanges money for something with the future expectation of receiving a profit. | show 🗑
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| Banks that offer checking services, accept deposits, and make loans. | show 🗑
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| Chartered to lend money for home-building in the mid-1800s. | show 🗑
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| Traditionally served people who made smaller deposits and transactions than commercial banks wished to handle. | show 🗑
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| show | Credit Unions
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| Institutions that make installment loans to consumers. | show 🗑
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| show | Savings Bond
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| show | Municipal Bonds
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| show | Corporate Bond
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| show | Junk Bonds
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| The financial gain received when you sell a stock for more than you purchased it for. | show 🗑
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| Division of a single share of stock into more than one share. | show 🗑
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| show | New York Stock Exchange
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| show | NASDAQ-AMEX
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| show | Dow Jones Industrial Average
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| show | S&P 500
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| show | Income Tax
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| show | Sales Tax
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| A tax on the value of property | show 🗑
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| show | Corporate Tax
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| The ability of a consumer to obtain goods or services before payment, based on an agreement to pay later | show 🗑
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| The price of using someone else’s money | show 🗑
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| A record of an individual’s personal credit history | show 🗑
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| Can be used to repay the debt in case the borrower defaults on the loan | show 🗑
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| show | Life Insurance
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Armuchee
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