Wise Review

2. A policy designed to cover property that floats, or moves, from location to location.
6. The amount by which assets exceed liabilities. (residence, automobiles, investments, etc)
7. A general decline in prices, often caused by a reduction in the supply of money or credit.
8. setting aside income for a period of time so that it can be used later
9. Safest form of investment
11. Amount that is paid by the insured before insurance kicks in
13. Insures credit unions
14. Debt is tied to an asset. It can be repossessed as collateral if you don't not pay.
16. Formal request for payment, sent to the insurance company, to cover a loss
17. debt Debt is not tied to a specific asset. there is no collateral that can be reposted if borrower default.

1. When using, you need to make sure there is enough money in your account to cover expenses
3. An individual retirement account (IRA) that allows individuals to direct pretax income, up to specific annual limits, toward investments that can grow tax-deferred
4. an amount to be paid for an insurance policy.
5. a loan repaid with interest in equal periodic payments
10. The portion of corporate profits paid out to stockholders
12. Insures bank account up to 250K
15. a person with a strong established credit history who signs the credit application and contract along with the borrower