Answer:
1. Adjusted balance
18
a trust established while the owner of the trust is still alive 14
2. ATM Automatic (or Automated) Teller Machine
6
accounts are set up to save for specific purchases 6
3. Bond
4
a sum on deposit usually for a given period of time at a fixed interest rate 4
4. Certificates of deposit (CDs)
11
the fee a bank pays you to keep your money 11
5. Checking account
9
a share in the ownership of a company 17
6. Club account
3
like loaning money to the company for interest 3
7. Compound interest
interest figured only on the amount of money in the savings account 16
8. Debit card
investment instrument in which you purchase a part of a collection of investments 15
9. Dividend
13
a commitment of money in order to gain a financial return 13
10. Estate planning
20
the annual interest ÷ cost 20
11. Interest
8
can be used like a credit card, but money is deducted directly from bank account 8
12. Intestate
15
document that specifies how one desires his estate to be distributed upon his death 19
13. Investment
10
planning for the distribution of one's estate after death 10
14. Living trust
5
account allows you to write an instruction to the bank, as a check, to make a payment from that account 5
15. Mutual fund
7
interest figured on the amount of money in the savings account plus the amount of interest already earned 7
16. Simple interest
1
balance after adding the outstanding deposits and subtracts the outstanding checks to the balance on the statement 1
17. Stocks
12
without a will 12
18. Trust
2
permits the customer to make transactions by using a special computer terminal 2
19. Will
17
a share of money earned as profits by a company and distributed to its stockholders 9
20. Yield
19
an estate, or other property or money, given to a person or institution to manage 18
Explanation:
