Financial terms glossary

3. objects people want that they can touch or hold, such a toys, clothes, and food
4. amount of money you bring home in your paycheck after taxes and other deductions are taken out; also called take-home-pay
12. when a caller disguises the information shown on your caller ID to appear as though they are calling as a certain person or from a specific location.
13. the profit or loss on an investment expressed as a percentage
14. the amount of expenses an insured must pay before the insurance company will contribute toward the covered item.
15. financially sound enough to justify the extension of credit

1. money that needs to be repaid by the borrower, generally with interest
2. the idea that you are less likely to be careful when you are shielded from the consequences of your actions
5. someone who organizes, manages, and assumes the risk of a business or enterprise
6. a health insurance program for peoople who are 65 or older, certain younger people with disabilities, and people with permanent kidney failure requiring dialysis or a transplant; financed by deductions from wages and managed by the federal social security administration
7. upgrades and other things that would be nice to have but aren´t necessary for living,earning, or protecting what you have
8. a type of debt, similar to an IOU: when you buy a bond, you´re lending to the issuer, which may be a government, municipality, or corporation.
9. the person, group, or organization whose life or property is covered by an insurance policy
10. a portion of a company´s profit paid to shareholders
11. compensation received by employees for services performed.
16. to commit money to earn a financial return; the strategic purchase or sale of assets to produce income or capital gains.