Personal Finance Vocab Quiz

When investors buy stocks as a single fund?

• Investment

  
  

• Mutual Fund

  
  

• Interest

  
  

• Credit

  
  

Taking money and putting it into a company in the hope for profit.

• Investment

  
  

• Stock

  
  

• Mutual Fund

• Mortgage

a share in a company sold publicly on the market.

• Credit score

• Repossess

  
  

• Stock

  
  

• Investment

  
  

Borrowing money with the agreement to repay with interest.

• Bond

• Stock

  
  

• Investment

  
  

• Credit

  
  

a loan for a house?

• Overdraft

  
  

• Mortgage

  
  

• Credit score

  
  

• Credit history

  
  

an investment loan that matures annually at the given interest rate.

• Interest

  
  

• Bond

•    Stock

  
  

• Credit history

when a bank or business takes back a product for lack of payment

• Investment

• Overdraft

  
  

• Repossess

  
  

• Credit

  
  

the percentage rate on a loan that will be paid in return for the amount

• Interest

  
  

• Overdraft

  
  

• Credit

  
  

• Investment

when an account does not have the funds to cover a check or withdrawal

•   Overdraft

  
  

• Repossess

  
  

• Mortgage

  
  

• Credit history

a score that represents the payment history and loans for each adult.

• Mutual Fund

  
  

• Credit

  
  

• Credit score

• Credit history