Personal & Financial Investment Final (Incomplete)

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Last updated 8:07 AM on 5/21/26
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14 Terms

1
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The central banking system of the US is called…

Federal Reserve System

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The Federal Deposit Insurance Corporation protects depositors from losing their money in case of a…

Bank Failure

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The court system for minor disagreements is called

small claims court

4
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Capital Gain distributions are the

Taxes shareholders pay on investment earnings

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Saving for vacation or saving to pay off small debts by the end of the year are examples of…

Opportunity Planning

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When writing a check, include all of the following EXCEPT

An endorsement on the back

7
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Financial professionals consider AT&T a…

Blue-Chip Stock

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To earn high interest rates of a CD, you don’t have to…

Complete a monthly bank reconciliation

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The total dollar amount you use to pay credit is the

Finance Charge

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Stock that has steady earnings and continues to pay dividends despite economic declines are called…

Defensive Stock

11
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By law, an employer must pay a portion of

Social Security

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A savings option many employers offer is

Putting paycheck deductions in employees’ retirement funds

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An example of a short-term investment strategy is

Buying on margin

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