Fichas
Unit 2 vocab
Fichas del conjunto (25)
- 1legal officer who represents a country or a state in legal proceedings and gives legal advice to the government.Attorney General's office
M.M. - 2It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policyAuto insurance
M.M.
- 3Person or organization named by a policyholder to receive the death benefit of an insurance policy after the policyholder's death.Beneficiary
M.M.
- 4Certificate of debt issued by a corporation or government.Bonds
M.M.
- 5Stock that has voting rights and receives dividends declared by the companyCommon Stock
M.M.
- 6Fraudulence use of someone else’s credit card informationCredit Card Fraud
M.M.
- 7a report detailing a person's financial history specifically related to their ability to repay borrowed money.Credit Report
M.M.
- 8a specified amount of money that the insured must pay before an insurance company will pay a claim.Deductible
M.M.
- 9a long and severe recession in an economy or market.Depression
M.M.
- 10offers income protection to individuals who become disabled for a long period of time, and as a result can no longer work during that time period.Disability insurance
M.M.
- 11Moral principles and beliefs that direct a person’s behaviorEthics
M.M.
- 12the international exchange of goods and services that is expressed in monetary units of account (money).Global economy
M.M.
- 13a type of insurance coverage that pays for medical and surgical expenses incurred by the insured.Health insurance
M.M.
- 14a savings account used in conjunction with a high-deductible health insurance policy that allows users to save money tax-free against medical expenses abbreviation HSA.Health Savings Account
M.M.
- 15the fraudulent acquisition and use of a person's private identifying information, usually for financial gain.Id Theft
M.M.
- 16a general increase in prices and fall in the purchasing value of money.Inflation
M.M.
- 17form of risk management by which a company provides compensation for specified loss, damage, illness, or death in return for payment of a premium.Insurance
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- 18current or future financial obligationsLiability Risk
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- 19insurance that pays out a sum of money either on the death of the insured person or after a set period.Life Insurance
M.M.
- 20an open-ended mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper.Money Market Fund
M.M.
- 21an investment program funded by shareholders that trades in diversified holdings and is professionally managed.Mutual Fund
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- 22stock that entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends.Preferred Stock
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- 23an amount to be paid for an insurance policy.Premium
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- 24The risk of theft, loss, or damage to your real or personal property.Property Risk
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- 25a risk with a possibility of a loss with no possible gainsPure Risk
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