Vocab 11-1

3. a fund that collects periodic contributions from a firms employees
4. the degree to which the outcome is uncertain but a probable outcome can be estimated
6. institutions that channel savings to investors
11. stocks or documents that represent a claim on the income and property of the borrower
12. dollars that become available for investors to use wen others save
13. regular allowance for someone who has worked a certains number of years or who has suffered from an injury

1. a firm that specializes in making loans directly to consumers
2. a document showing that an interest bearing loan has been made to a bank or other financial institution
5. nonprofit service cooperative that accepts deposits, make loans, issues CDs, and offers checking accounts
7. network of savers, investors, financial institutions, and financial assets that work together to transfer saving from savers to investor
8. something given as an equal for goods or services
9. spreading your funds diversity your investments
10. the periodic fee that the insured pays for this policy