SIRM Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Term | Definition |
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. |
financial institution | a business that provides money-related services |
interest | a fee received or paid for the use of money |
invest | to commit money to gain a profit or earn interest |
mutual fund | a collection of stocks or bonds of various corporations |
opportunity cost | the next best alternative given up when making a financial choice |
Pay Yourself First (PYF) | to automatically save a specified amount from a paycheck for future use |
principal | the amount of money originally invested |
risk | the possibility of financial loss or physical harm |
savings account | an interest-bearing account where people put money for future use |
stock | a share of a corporation sold to the public |
insurance policy | a contract that outlines coverage plans and protects a person against financial loss or damage. |
premium | the amount paid for an insurance policy |
Created by:
mnunn
Popular Finance sets