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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. The process of making a decision - usually complex






2. The rights of an individual to own - use - rent - invest in - buy - and sell property.






3. 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






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






5. The act of reducing the selling price of merchandise






6. A record of checks written and deposits made in a checking account - kept by the depositor






7. Receiving money for loaning money






8. A regular payment to a person that iis intended to allow them to subsist without working






9. The amount of money you would need to deposit now in order to attain a desired amount in the future






10. 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






11. A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index






12. A share set aside for a specific purpose






13. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default






14. Something that is made open or revealed






15. Maintain by writing regular records






16. The distribution of investment funds among broad classes of assets.






17. 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.






18. Your periodic credit card bill - which describes and summarizes all the outstanding balances - purchases - payments - credits - finance charges and other transactions for the month






19. Arrangement for deferred payment for goods and services






20. Income before taxes






21. The withholding form each new employee fills out - stating the number of exemptions. the more exemptions listed - the less withholding tax will be taken from the paycheck.






22. Anything that is used to produce goods or services






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






24. Stock other than preferred stock






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






26. Institution that functions much like a business - but does not operate for the purpose of generating profits






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






28. Stock other than preferred stock






29. An exchange that occurs as a compromise






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






31. Compute credits and debits of an account






32. A payment given as a guarantee that an obligation will be met






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






34. Place to create a savings account.






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






36. Financial reports that summarize the financial condition and operations of a business






37. An evaluation by a rating company of the probability that a particular bond issue will default






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






39. A debt not backed by specific property to satisfy the indebtedness in case of default.






40. A delay in enforcing rights or claims or privileges






41. The act of proving that an instrument purporting to be a will was signed and executed in accord with legal requirements






42. A person appointed by a testator to carry out the terms of the will






43. A loan in which the rate can be altered to adjust to economical need






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






45. A bond with zero discounts






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






47. The act of taking out money or other capital






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






49. The amount accruing to the corporations owners

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50. A regular payment to a person that iis intended to allow them to subsist without working







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Can you answer 50 questions in 15 minutes?


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