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41 questions
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  • Q1
    Savings in the form of cash or savings or investment option that can quickly be changed into cash
    Liquid
    30s
  • Q2
    not convertible to cash quickly or without a penalty
    Illiquid
    30s
  • Q3
    Investments with very little risk where you'll never lose a cent of your principal.
    Low risk choices
    30s
  • Q4
    Investments with medium risk where you can lose some to most of the principal. There is no guarantee.
    Medium risk choices
    30s
  • Q5
    Investments with high risk where you can lose your entire principal amount. There is no guarantee.
    High risk choices
    30s
  • Q6
    a fee imposed to discourage depositors from withdrawing the money before the stated time period
    Early withdrawal penalty
    30s
  • Q7
    an account used to buy and sell investments
    Clearing account
    30s
  • Q8
    a bond that is sold for LESS than its face value
    Discount bond
    30s
  • Q9
    a bond that is sold for MORE than its face value
    Premium bond
    30s
  • Q10
    the fixed rate of interest that is paid semiannually for the life of a bond
    Coupon rate
    30s
  • Q11
    a bond with a clause that allows the issuer to repay the bond early
    Callable bond
    30s
  • Q12
    a bond that can be exchanged for shares of common stock at the option of the bondholder
    Convertible bond
    30s
  • Q13
    a discount corporate bond that does not provide the typical semiannual interest payments
    Zero coupon bond
    30s
  • Q14
    a contract purchased from an insurance company that guarantees a series of regular monthly payments for a set time
    Annuity
    30s
  • Q15
    Strategy that involves planned approach to save and invest on a regular basis
    Systematic savings or investing
    30s

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