Unit 3 Test Review

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Across
  1. 4. The likelihood that something will be lost
  2. 7. Insurance for people who don’t own their home that covers belongings and liability
  3. 8. A share of ownership in a company
  4. 10. Initial public offering when a company first sells stock to the public
  5. 11. Employer-sponsored retirement account with tax advantages
  6. 13. A marketplace where stocks are bought and sold
  7. 14. Employer-funded plan that pays you income after retirement
  8. 16. The process of measuring risk and finding ways to reduce or handle loss
  9. 17. The amount you must pay out-of-pocket before insurance covers costs
  10. 18. A single unit of ownership in a company
  11. 19. Insurance Coverage that helps pay for routine and major dental care
  12. 22. Return on investment the percentage of profit compared to the cost
  13. 25. Insurance Coverage that helps pay for eye exams, glasses, or contacts
  14. 27. Insurance Pays money to your beneficiaries after you die
  15. 28. Government program providing health coverage for low-income individuals
  16. 29. Spreading investments across different assets to reduce risk
  17. 33. The amount you pay each month to keep insurance coverage
  18. 34. Insurance that replaces part of your income if you cannot work due to illness or injury
Down
  1. 1. Insurance that covers your house, belongings, and liability if you own your home
  2. 2. Percentage of a medical bill you pay after meeting your deductible
  3. 3. Car insurance that covers theft or damage not caused by a crash
  4. 5. Time in life when a person permanently leaves the workforce
  5. 6. An account that allows you to buy and sell investments
  6. 9. The protection an insurance policy provides
  7. 12. Using money to buy assets with the goal of earning more money
  8. 15. Federal program that provides retirement and disability income
  9. 20. Insurance that pays for damage or injury you cause to others
  10. 21. Car insurance that covers damage to your car from an accident
  11. 23. A loan you give to a company or government in exchange for interest
  12. 24. Part of a company’s profit paid to shareholders
  13. 26. Setting aside money for short-term goals with no risk of loss
  14. 28. A collection of stocks and bonds owned jointly by many investors
  15. 30. Individual retirement account that offers tax benefits for saving
  16. 31. A flat fee you pay when receiving certain health services or prescriptions
  17. 32. A document listing your insurance coverages, limits, and premiums