Chapter 4: Investing, Insurance & Identity Theft

What are Bonds?

• Increase the rate of interest.

• Between siblings.

• A loan of money to a business or government that is paid back with interest over time.

• A telekinesis hold.

What is a CD (Certificate of Deposit)?

• Saving certificate with a fixed saving period and fixed interest rate.

• Signed contract between consumer and seller.

• Fixed flat rate.

• Plays music or vocal vibration onto speakers.

What is a deductible?

• The sum charge of service when using a monthly rated credit card.

• A finished contract that is approved by both parties.

• Adding a small percentage to the credit owed from a bank.

• Amount you must pay before you receive any benefits from your insurance coverage

What do you call a wrongful or criminal deception for financial gain?

• Bond

• Fraud

• Indentured Servitude.

What is identity theft?

• A concretional agreement on payment of a loan.

• The illegal use of someone’s personal information to purchase items or receive benefits

• Having the same name as a neighbor.

• Stealing someone's shoes.

What do you call when the rate at which the prices for goods and services rise?

• Deflation.

• Inflation.

• Bond.

• Mutual Fund

What is Insurance?

• Jake from State Farm.

• Amount you must pay before you receive any benefits from your insurance coverage

• Wrongful or criminal deception for financial gain

• An agreement in which a policyholder transfers the risk for potential financial losses to another party in exchange for a fee

A financial professional who manages investments and has been trained and licensed to do so is called?

• Sales Accountant

• Banker

• Investment Advisor

• CEO

Liability Insurance

• A policy that protects an individual in the event of a lawsuit due to injury as the result of an accident

• A professional stock trader.

• A market trader

• A credited bank loan.

What are stocks?

• Investments that represent small pieces of ownership in a company

• The rate at which the prices for goods and services rise

• Amount you must pay before you receive any benefits from your insurance coverage

• A financial professional who manages investments and has been trained and licensed to do so