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. Money paid to a worker






2. The act of taking out money or other capital






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






4. The economical needs of an individual






5. A venture undertaken without regard to possible loss or injury






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






7. Shares of ownership in a company






8. Receiving money for loaning money






9. The act of taking out money or other capital






10. 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.






11. Certificates that represent money the government has borrowed from private citizens






12. The time interval between the deposit of a check in a bank and its payment






13. Financial organization that pools people's money and invests it






14. Having honest intentions






15. 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.






16. The money(usually a set amount) given to an individual to spend






17. Loan where the lender goes through the borrower






18. The shares available to sell/buy






19. Total assets minus total liabilities






20. Beliefs of a person or social group in which they have an emotional investment (either for or against something)






21. Savings account that pays market rate or better interest and allows access to funds without penalty.






22. Someone who lends money at excessive rates of interest






23. Protection against future loss






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






25. The amount accruing to the corporations owners

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






27. Items which the IRS allows to be subtracted from your gross taxable income in order to determine your taxable income.






28. The money(usually a set amount) given to an individual to spend






29. 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






30. Things that incite or spur to action; rewards or reasons for performing a task.






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






32. Electronic Data Gathering Analysis and Retrieval - the electronic system used by the SEC to enable investors to search electronically for financial reports filed by individual companies






33. The date on which a financial obligation must be repaid






34. Whatever must be given up to obtain some item






35. Programs aimed at helping employees integrate - assimilate - and transition to new jobs






36. A debt; something disadvantageous






37. Items of personal interest to collectors that can increase in value in the future






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






39. The interest rate that a bond issuer will pay to a bondholder






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






41. Grant use or occupation of under a term of contract






42. Electronic Funds Transfer






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






44. Concern for ones own well being and advantages






45. Funds that are often times traded through a stock exchange (NYSE)






46. Prompt payment for goods or services in currency or by check






47. A loan backed by something valuable - such as property






48. A bond with zero discounts






49. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money






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