BUSINESS AND FINANCE I

The Word's The Thing

Dr. Louis D. Appel 

Specialized Vocabulary

The answers to the clues below will relate to business/finance.

1. Security for a loan

2. Recipient of a life insurance policy

3. To take a financial risk in buying a stock

4. One authorized to act legally for another

5. Money paid by a company to its shareholders 

6. Group of one's investments, as stocks and bonds

7. Money held by a third party until a transaction is settled

8. A count and evaluation of a store or company's merchandise

9. A monthly payment for a purchase, such as a car or appliance

10. Financially stable and able to cover its own financial obligations

11. Cash or coins issued by a country's government - for use in that country

12. A large loan, typically for the purchase of a home, to be paid back with interest over time

 

Answers:

 

1. Collateral

2. Beneficiary

3. Speculate

4. Proxy

5. Dividend

6. Portfolio 

7. Escrow

8. Inventory

9. Installment

10. Solvent

11. Legal tender

12. Mortgage