A | B |
a for-profit institution that offers a full range of financial services, including checking, savings, and lending | commercial banks |
insurance that covers damage to your vehicle when it is involved in an accident | collision |
a form of security to help guarantee that the creditor will be repaid | collateral |
the percentage of the medical expenses the policyholder must pay in addition to their deductible amount | coinsurance |
a document that explains, adds, or deletes provisions in an existing will | codicil |
a meeting of the seller, the buyer, and the lender of funds, or representatives of each party to complete the transaction | closing |
a savings alternative in which money is left on deposit for a stated period of time to earn a specific rate of return | certificate of deposit |
the money that does into and out of your wallet and bank accounts | cash flow |
the sale of an investment for less than its purchase price | capital loss |
profit from the sale of assets such as stocks, bonds, or real-estate | capital gain |