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