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Finance Word Power- List 4

AB
a for-profit institution that offers a full range of financial services, including checking, savings, and lendingcommercial banks
insurance that covers damage to your vehicle when it is involved in an accidentcollision
a form of security to help guarantee that the creditor will be repaidcollateral
the percentage of the medical expenses the policyholder must pay in addition to their deductible amountcoinsurance
a document that explains, adds, or deletes provisions in an existing willcodicil
a meeting of the seller, the buyer, and the lender of funds, or representatives of each party to complete the transactionclosing
a savings alternative in which money is left on deposit for a stated period of time to earn a specific rate of returncertificate of deposit
the money that does into and out of your wallet and bank accountscash flow
the sale of an investment for less than its purchase pricecapital loss
profit from the sale of assets such as stocks, bonds, or real-estatecapital gain



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