Key terms

1. Wrongful or criminal deception for financial gain
3. A loan of money to a business or government that is paid back with interest over time
4. saving certificate with a fixed saving period and fixed interest rate
7. The illegal use of someone’s personal information to purchase items or receive benefits
9. A policy that protects an individual in the event of a lawsuit due to injury as the result of an accident
11. The rate at which the prices for goods and services rise
13. An agreement in which a policyholder transfers the risk for potential financial losses to another party in exchange for a fee

2. Amount you must pay before you receive any benefits from your insurance coverage
5. A collection of stocks, bonds, and other investments owned by a group of investors who put their money together
6. Investments that represent small pieces of ownership in a company
8. The potential impact of inflation and interest on money
10. A financial professional who manages investments and has been trained and licensed to do so
12. Amount that is paid monthly, quarterly, semi-annually, or annually to purchase insurance coverage