W!SE vocab Set 2

Across

2. using dividends previously earned on the stock to buy more shares
5. All of the investments, including stocks, bonds, mutual funds, options, and commodities, that are traded.
6. of each single share of a company's stock into more than one share; doubles the number of shares held, but cuts the stock's individual value in half
9. certificate issued by a government or private company which promises to pay back with interest the money borrowed from the buyer of the certificate: Ex: The city issued bonds to raise money for putting in new sewers.
10. Provides money to pay for health care for illness, injury, or, in some cases, preventive care
11. Life insurance that pays a death benefit if the policyholder dies within a specific time period but has no remaining value at the end of this time. It is not permanent.
15. permanent life insurance that pays a benefit on the death of the insured and also accumulates a cash value
18. covers the car of the insured person and pays for repairs after an accident or cash compensation if the car can't be repaired. This type of coverage is usually optional
21. short-term debt obligations (loan) the U.S. government sells to raise money; considered very low risk because by full faith of US gov
22. Amount you must pay before you begin receiving any benefits from your insurance company; higher deductible usually results in lower premiums
24. the ease with which an asset can be converted into cash
26. Securities and Exchange Commission; The agency of the U.S. government that oversees U.S. financial markets and accounting standard-setting bodies regulates sales of stocks and bonds
27. steady drop in the stock market over a period of time, prices are falling, encouraging selling of stock
28. insurance that provides protection from claims arising from injuries or damage to other people or property
29. the most basic form of ownership, including voting rights on major issues, in a company
30. type of insurance that covers the loss of a tenant's personal property as a result of damage, theft, fire; also covers liability if others are injured
31. period of rising stock prices
32. Company's share profits to the shareholders based on the corporation's performance.

Down

1. Refund anticipation loan (RAL) short-term loan based on expected tax refund
3. 6 month period after graduating or leaving school before you must begin paying back student loans
4. stock that entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends.
7. insurance with an accumulation of savings in an insurance policy that can be used as a source of loan collateral; includes premiums paid and interest earned on that money
8. collection of investments you personally hold, including stocks, bonds, money market accounts, and savings accounts.
12. fixed fee that an individual pays for specific medical services, like a visit to the doctor's office, prescriptions, lab tests
13. investments that reduce risk to shareholders by investing in many different stocks; managed by professional; easy tool for diversification by small investors
14. The process of determining any differences between a bank statement balance and a checkbook balance; correct for any missed fees or added interest
16. type of insurance paid to an individual if he/she is injured and is unable to work for a specified length of time.
17. National Association of Securities Dealers Automated Quotations; A nationwide electronic system that links dealers across the nation so that they can buy and sell securities electronically
19. stock exchange based in New York City that is considered the largest equities-based exchange in the world, based on total market capitalization of its listed securities.
20. number of years it takes for a certain amount to double in value is equal to 72 divided by its annual rate of interest.
23. investing in several different assets so that the possible losses are independent events; reduces risk
25. transfer financial risk to insurance company