Test your basic knowledge |

Wealth Management

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A venture undertaken without regard to possible loss or injury






2. A delay in enforcing rights or claims or privileges






3. The apparent worth as opposed to the real worth






4. Something that is made open or revealed






5. An estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share






6. Receiving money for loaning money






7. A long-term loan extended to someone who buys property






8. The financial gain (earned or unearned) accruing over a given period of time






9. An amount that credit card companies can charge for the use of a credit card.






10. The maximum credit that a customer is allowed






11. Give back (tax return)






12. Loan deal in which the actual lender may not be known to the borrower.






13. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded.






14. The shares available to sell/buy






15. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt






16. The act of taking out money or other capital






17. The outcome of an event especially as relative to an individual






18. Debt backed by a mortgage - pledge of collateral - or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages - auto loans and tax liens.






19. A guarantee of accrued benefits to participants at retirement age - regardless of their employment status at that time






20. The co-option of another person's personal information (e.g. - name - social security number - credit card number - passport) without that person's knowledge and the fraudulent use of such knowledge






21. Any of a number of fraudulent - deceptive - discriminatory - or unfavorable lending practices. Many of these practices are illegal - while others are legal but not in the best interest of the borrowers.






22. A guarantee of accrued benefits to participants at retirement age - regardless of their employment status at that time






23. A loan where a borrower gets a cash advanced based on his paycheck. These loans generally must be repaid on the next payday.






24. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure






25. A tax-deferred investment and savings plan that acts as a personal pension fund for employees






26. Concern for ones own well being and advantages






27. An extra charge for various credit activities such as using an ATM or receiving a cash advance






28. Income on which tax must be paid; total income minus exemptions and deductions






29. A general and progressive increase in prices






30. An obligation to pay money to another party






31. An amount that credit card companies can charge for the use of a credit card.






32. Making money for owning something






33. Can be found in a newspaper and shows information about popular stocks.






34. An institution that issues something (securities or publications or currency etc.)






35. A share set aside for a specific purpose






36. A share set aside for a specific purpose






37. The act of committing money or capital to an endeavor (a business - project - real estate - etc.) with the expectation of obtaining an additional income or profit.






38. Loan where the lender goes through the borrower






39. Bring into consonance or accord - to agree on terms






40. The amount accruing to the corporations owners

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


41. Short-term and Long-term objectives that are driven by values.






42. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group






43. Short-term and Long-term objectives that are driven by values.






44. Arrangement for deferred payment for goods and services






45. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights






46. A loan made on the signature and credit of the borrower - not secured by collateral. Credit card. (Debenture)






47. A bond with zero discounts






48. A penalty for making a payment after the due date






49. The co-option of another person's personal information (e.g. - name - social security number - credit card number - passport) without that person's knowledge and the fraudulent use of such knowledge






50. A financial statement that gives operating results for a specific period