Chapter 9~12

Question 1

Beneficiary

성직록을 받는 사제

Answer 1

The person who gets things that belonged to a friend or family member who passed away

Question 2

Claim

청구

Answer 2

Documents submitted to an insurance company to ask them to pay for a loss for someone they insure.

Question 3

Coverage

보상

Answer 3

how much protection you have from an insurance company if something bad happens and you have a loss.

Question 4

Deductible

공제액

Answer 4

Amount you must pay before you begin receiving any benefits from your insurance company

Question 5

Liability

책임

Answer 5

The state or quality of being obligated according to law or equity

Question 6

Out-of-pocket expense

Answer 6

Specific amount of money that you pay when insurance only covers a portion of costs

Question 7

Policy

보험계약자

Answer 7

Describes the type of coverage in an insurance agreement

Question 8

Premium

다양한 유형의 보험을 구입하기 위해 월별, 분기별, 반기별 또는 매년 지불하는 금액

Answer 8

Amount you pay monthly, quarterly, semiannually or annually to purchase different types of insurance

Question 9

Will

개인이 사망 후 자신의 재산을 어떻게 분배하기를 원하는지에 대해 법적으로 집행 가능한 선언

Answer 9

A legally enforceable declaration of how a person wishes his or her property to be distributed after death

Question 10

Accountability

Answer 10

The quality or state of being responsible, liable or answerable

Question 11

Free Spirit

Answer 11

A person who thinks that everything will work out fine and typically hates ot deal with the details.

Question 12

Nerd

Answer 12

A person who is picky about budgeting and details

Question 13

Time poverty

Answer 13

When someone doesn’t have enough time and feels very worried about it.

Question 14

Value System

Answer 14

A person’s priorities, beliefs and standards that affect how he or show viesws the world

Question 15

Earned Income

Answer 15

Any income (wages/salary) that is generated by working

Question 16

Income tax

Answer 16

Tax paid out by anyone who earns an income

Question 17

Passive Income

Answer 17

You can earn money without working hard to keep it coming in. Some examples of this kind of income include real estate, books or online content, and businesses where the owner isn’t very involved.

Question 18

Personal Branding

Answer 18

The process of marketing ourselves to others involves showing our strengths, interests, and special qualities, and setting goals.

Question 19

Portfolio income

Answer 19

Making money by selling something for more than you bought it for.

Question 20

Property taxes

Answer 20

Taxes paid by anyone who owns property such as land, a home or commercial real estate

Question 21

Resume

Answer 21

A short description of your work experience and skills that you give when you apply for a job.

Question 22

Sales tax

Answer 22

Tax on goods and services that goes to your state or local government

Question 23

Social Security

사회보장

Answer 23

A program paid for by taxes that helps people who are old, don’t have a job, or have a disability.

Question 24

Core Values

Answer 24

Traits or qualities that represent an individual’s highest prioirites, deeply eld belifes and motivating forces; one’s guiding principles

Question 25

Legacy

유산

Answer 25

Something from the past that continues to exist because of what someone did before.

Question 26

Nonprofits

Answer 26

Organizations that use the money they raise to achieve their goals instead of keeping it as profit for themselves.

Question 27

Philanthropy

박애

Answer 27

means “Love of humanity” showing care and kindness by giving and helping others.