BBB4M - CH 20-22 Key Terms

Definition: setting aside money to cover a potential financial loss

• Futures market

• Self - Insurance

• Credit Risk Insurance

• Stock exchange

Definition: an insurance company owned by its policyholders

• Inland Marine Insurance

• Municipal Bonds

• Mutual Insurance Police

• Commercial Bank

Definition: principal X rate X time

• Price Earning Ratio

• Interest Rate

• Futures Market

• Annual Rate Of Return

A protection from loss while shipping goods on inland waterways, railroad lines, truck lines, and airlines is known as:

• Inland Marine Insurance

• Stock Exchange

• Ocean Marine Insurance

• Futures Market

The term for the Expected Annual Net Income / Investment is:

• Annual Rate of Return

• Interest Rate

• Price Earning Ratio

• Central Bank

A corporate bond without collateral is referred to as a:

• Mortgage Bond

• Debenture Bond

• Development Bank

• Corporate Bond

Definition: business organized to accept deposits and to make loans

• Equity Capital

• Commercial Bank

• Corporate Bond

• Central Bank

Definition: income that will be taxed at a later date

• Credit Union

• Tax Exempt Income

• Tax Deferred Income

• Equity Capital

Definition: a nonprofit financial cooperative

• Equity Capital

• Mortgage Bond

• Credit Union

• Corporate Bond

Definition: the portion of an insurance claim paid by the insurance

• Premium

• Stock Insurance Company

• Deductible

• Risk