Managing Personal Fi Test
Enter the letter for the matching Definition
| A. An amount that a policyholder must pay before his or her insurance company will pay on a claim.B. A fixed fee paid by a policyholder for certain insured items or services.C. A check written when there is not enough money in a checking account to cover it.D. Something of value a person owns that he or she pledges to a creditor as security for a loan.E. A creditor’s evaluation of a person’s ability to repay debts.F. A distribution of a company’s profits to a stockholder. G. Proof of debt or ownership of a company or government, often in the form of stocks or bonds.H. A regular payment made for an insurance policy.I. A certificate that represents a promise by a company or government to repay a loan on a given date.J. The price a borrower pays a creditor for the use of money over a period of time.K. A legally binding agreement between creditor and borrower that details the terms of repayment.L. A check drawn on a financial institution’s own funds and signed by an officer of the institution. M. The amount a policyholder can collect if he or she decides to give up a whole-life insurance policy.N. A person who has an insurance policy.O. The total amount a borrower must pay a creditor for the use of credit. These charges include interest, service charges, and any other fees.P. The actual percentage rate of interest paid for an entire year. Q. A group of doctors and medical facilities that contract to provide services at reduced rates.R. A group of securities purchased by a mutual fund for an investor. S. The process of comparing the account statement to your check stubs or register to make sure they match.T. An arrangement that allows consumers to buy goods or services now and pay for them later. |
Type the Term that corresponds to the displayed Definition.
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
Created by:
jenselau000
Popular Family and Consumer sets