Finance Quiz

What is the tax levied on profit from the sale of property or an investment?

• Excise Tax

• Transfer Tax

• Estate Tax

• Capital Gains Tax

What is a bond, often having tax advantages for individual investors, issued by a state or local government which typically uses the loan to pay for public works to benefit its citizens?

• Municipal Bond

• Treasury Bond

• Index Fund

• Mutual Fund

What is a retirement account, offered in some job sectors or companies, that an employer will sometimes match contributions to.

• Roth IRA

• IRA

• Mutual Fund

• 401(k)

What is the world's largest stock exchange?

• New York Stock Exchange (NYSE)

• Toronto Stock Exchange (TSX)

• Buenos Aires Stock Exchange (BCBA)

• Bombay Stock Exchange (BSE)

What is the practice of putting a fixed amount into an investment over a period of time, regardless of the price of that investment?

• Index Fund

• Rate of Return

• Dollar Cost Averaging

• Asset Allocation

What is the measurement of the likelihood that a bondholder will get their principal back?

• Compound Interest

• Rate of Return

• Credit Score

• Bond Rating

What is a low-fee portfolio of stocks chosen to track or mimic something like the S&P 500.

• Municipal Bond

• Bond

• Mutual Fund

• Index Fund

What is the annual interest payment on a bond, usually expressed as a percentage of its face value?

• Ticket

• Coupon

• Dividend

• Pension

What is the payment from the profits of a company that is paid out to its shareholders, typically on a quarterly basis?

• Stock

• Capital Gain

• Dividend

• Pension

What is a collection of stocks and/or bonds combined into one fund which will be traded as a unit, typically chosen and actively managed by an 'expert' in exchange for a fee from each investor?

• Stock Exchange

• Mutual Fund

• Index Fund

• Diversification