Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password

Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Financial Literacy

        Help!  

Question
Answer
Financial Institution   show
🗑
show Dollars that become available for investors to use when others save  
🗑
show payment made for the use of borrowed money  
🗑
Interest Rate   show
🗑
show Privately owned, publicly controlled, central bank of the United States  
🗑
show The U.S. government institution that provides deposit insurance on the depositor’s account  
🗑
show nonprofit services cooperatives that accepts deposits, makes loans and provides financial services  
🗑
Risk   show
🗑
Passbook Account   show
🗑
Money Market Deposit Account   show
🗑
show A low risk account where deposits are invested into a pool of short-term financial accounts  
🗑
show A savings account that a depositor pays a certain amount with a fixed interest rate for a certain period of time  
🗑
show An account whose funds can be removed by writing a check. No need to request for approval for the funds  
🗑
Creditors   show
🗑
show Something of value that a borrower lets the lender claim if a loan is not repaid  
🗑
show a loan that is backed up with collateral  
🗑
show a loan guaranteed by a promise to repay it  
🗑
show the transfer of money from households to businesses and government through investments and loans  
🗑
sole proprietorship   show
🗑
unlimited liability   show
🗑
limited life   show
🗑
partnership   show
🗑
limited partnership   show
🗑
show form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual,  
🗑
stockholder   show
🗑
show certificates of ownership in a corporation; common or preferred stock  
🗑
show checks paid to stockholders, usually quarterly, representing portion of corporate profits  
🗑
preferred stock   show
🗑
show most basic form of corporate ownership, generally with one vote per share for stockholders  
🗑
show strategy of holding different investments to minimize risk  
🗑
mutual fund   show
🗑
show person who buys or sells securities for investors  
🗑
show life of a bond, length of time funds are borrowed  
🗑
show unable to repay borrowed money  
🗑
show price for insurance that must be paid monthly, quarterly or annually  
🗑
deductible   show
🗑
show interest rates do not change over time  
🗑
show interest rates will vary over time  
🗑
show has features from fixed and adjustable rate mortgages  
🗑


   

Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
 
To hide a column, click on the column name.
 
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.

 
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
Created by: user-1813225
Popular Economics sets