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Financial Planning I 2.04 Vocab
Test Description: Financial planning I 2.04 vocab
Instructions: Answer all questions to get your test result.
1) Lending investments in which individuals lend money to a bank to earn interest
A
CD
B
savings account
C
money market account
D
bond
2) Lending investments in which individuals lend a minimum amount of money to a bank to earn interest
A
savings account
B
money market account
C
CD
D
bond
3) Lending investments in which individuals lend money to a bank to earn a set rate of interest for a specified period of time
A
savings account
B
money market account
C
bond
D
certificate of deposit
4) Lending investments in which individuals lend money to a government, municipality, or corporation to earn a set rate of interest for a specified time period
A
certificate of deposit
B
savings account
C
money market account
D
bond
5) Investments in which lenders allow borrowers to use their money during a period of time for a specified fee or rate of interest
A
savings account
B
money market account
C
bond
D
lending investment
6) Shares or units of ownership in a corporation
A
stock
B
bond
C
collectibles
D
mutual fund
7) Ownership investments in which a variety of stocks from different corporations or agencies (usually from different industries) are combined into one investment
A
bond
B
stock
C
collectibles
D
mutual fund
8) Objects or items collected by someone who has an interest in the sport, activity, etc.; in investing, the collector hopes to eventually resell the items at a profit
A
mutual fund
B
bond
C
stock
D
collectibles
9) 9. Ownership Investments Investments in which individuals purchase a portion or all of an item
A
securities
B
ownership investments
C
collectibles
D
bond
10) The legal owning or lending agreements between individuals, businesses, or governments
A
lending investment
B
CD
C
securities
D
bond
*select an answer for all questions
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