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Everyday Life · Editorial deck

Money Sense

The financial concepts that shape everyday decisions

32 cards~5 minReferences included

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3 chapters · 32 cards
  1. 01
    Everyday money and borrowing14 cards · ~2 min
  2. 02
    Investing and ownership8 cards · ~1 min
  3. 03
    Economies and institutions10 cards · ~2 min

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01
Prompt: These percentage rates express interest charged on borrowing or paid on savings over a stated period.
Everyday LifeA little curiosity
Financial concept · RECALLThese percentage rates express interest charged on borrowing or paid on savings over a stated period.Think it. Then flip it.
✳ ahamora↻ Tap to reveal
02
Prompt: This kind of interest earns interest on earlier interest.
Everyday LifeA little curiosity
Financial concept · RECALLThis kind of interest earns interest on earlier interest.Think it. Then flip it.
✳ ahamora↻ Tap to reveal
03
Prompt: This numerical rating uses information from a person's borrowing record to help estimate credit risk.
Everyday LifeA little curiosity
Financial concept · RECALLThis numerical rating uses information from a person's borrowing record to help estimate credit risk.Think it. Then flip it.
✳ ahamora↻ Tap to reveal

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The questions inside.

Open a question to see its answer.
  1. 01These percentage rates express interest charged on borrowing or paid on savings over a stated period.RECALL
  2. 02This kind of interest earns interest on earlier interest.RECALL
  3. 03This numerical rating uses information from a person's borrowing record to help estimate credit risk.RECALL
  4. 04This practice plans income and expenses for a future period, then compares actual spending with that plan.RECALL
  5. 05This common type of bank deposit account is designed to hold savings and usually pays interest.RECALL
  6. 06These loans are secured against real property, often to finance a home purchase.RECALL
  7. 07This financial arrangement transfers specified risks to an insurer in exchange for a premium.RECALL
  8. 08These payment cards let users make purchases using a revolving borrowing limit rather than drawing directly on bank deposits.RECALL
  9. 09This financial term describes money owed by a debtor to a creditor.RECALL
  10. 10This measure of personal finances equals the total value of assets minus total liabilities.RECALL
  11. 11In US consumer-loan disclosures, this annualized measure combines interest with certain borrowing fees.RECALL
  12. 12In US deposit-account disclosures, this annualized percentage measure includes the effect of interest compounding.RECALL
  13. 13This pool of accessible savings is set aside for unplanned essential expenses or interruptions to income.RECALL
  14. 14This term names the portion of a covered insurance loss that the policyholder bears under the contract before the insurer's applicable payment.RECALL
  15. 15These securities give an investor part ownership of a company, rather than making them a creditor.RECALL
  16. 16These debt securities let investors lend to an issuer under terms covering interest and repayment.RECALL
  17. 17These pooled investment funds, in their usual US open-end form, let investors buy and redeem shares at the next calculated net asset value.RECALL
  18. 18This investment practice spreads exposure across different holdings to reduce concentration risk.RECALL
  19. 19This broad market brings together buyers and sellers of company shares.RECALL
  20. 20This broad category of savings accounts includes US IRAs and 401(k)s and is designed to hold money for later life.RECALL
  21. 21This financial quality describes how readily an asset can be sold for cash without a substantial price concession.RECALL
  22. 22This pooled investment fund has shares that investors buy and sell on an exchange during the trading day.RECALL
  23. 23This economic term describes a rise in the general price level over time.RECALL
  24. 24This pair of economic concepts describes how much sellers offer and how much buyers want at different prices.RECALL
  25. 25This measure totals the value of final goods and services produced within an economy over a stated period.RECALL
  26. 26These compulsory government levies can apply to income, sales, property and other legally defined bases.RECALL
  27. 27This US central banking system sets monetary policy through the FOMC.RECALL
  28. 28This broad category of cryptographically secured digital assets includes Bitcoin and Ether.RECALL
  29. 29These rates express the value of one currency in units of another.RECALL
  30. 30This economic term describes a significant, widespread contraction in economic activity.RECALL
  31. 31This economic term means the value of the best alternative forgone when making a choice.RECALL
  32. 32In a graduated income-tax system, this rate applies to the next unit of taxable income.RECALL

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