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. Loan where the lender goes through the borrower






2. An obligation to pay money to another party






3. Receiving money for loaning money






4. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy






5. Funds that pay part of their distributions out of principal cannibalize their assets. This depletes the fund's asset base. Funds cannibalize assets to maintain a dividend and keep shareholders happy. However - like feeding a cow its own milk - this p






6. The standard IRS form for individual tax returns.






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






8. Someone who lends money at excessive rates of interest






9. Electronic Funds Transfer






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






11. Income before taxes






12. Something that is made open or revealed






13. Give back (tax return)






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






15. The apparent worth as opposed to the real worth






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






17. Shares of ownership in a company






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






19. 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






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






21. The apparent worth as opposed to the real worth






22. The money paid for employee services






23. The percentage of a sum of money charged for its use






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






25. Diagnosis Codes (in CCB Popup if more then 5 codes)






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






27. The process of managing one's assets and wealth






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






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






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






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






32. Something of value; a resource; an advantage






33. Money paid to a worker






34. An automatic loan made to you if you write a check for more money than you have in your account






35. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.






36. An amount of money given to the borrower for a set period of time. After the set time has passed - the money must be paid back plus the lending fee - called interest. Payments are normally made over a series of months.






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






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






39. An act of economizing






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






41. All costs or bills related to the business






42. An exchange that occurs as a compromise






43. The right to take another's property if an obligation is not discharged






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






45. Immunity from a general burden - tax or charge; in bankruptcy or judgment executions - that portion of the debtor's property that cannot be liquidiated and applied to her debts






46. Stock other than preferred stock






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






48. An amount of money given to the borrower for a set period of time. After the set time has passed - the money must be paid back plus the lending fee - called interest. Payments are normally made over a series of months.






49. The value of a security that is set by the company issuing it






50. Maintain by writing regular records