Vocab Flashcards by Erin Mancini | Brainscape

Q

Beneficiary

A

Recipient

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Claim

A

To get insurance to cover cost

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Coverage

A

Protection

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Liability

A

Obligated

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Out of pocket

A

Portion of cost

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Policy

A

Type of coverage

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Premium

A

Monthly quarterly

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Life insurance

A

Protects individual

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Term

A

Specific period of time

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Accountability

A

Responsible

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Time poverty

A

Lacking time

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Value system

A

Priorities

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Earned income

A

Working

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Income tax

A

To on income

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Passive income

A

W no effort

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Personal income

A

Work done

Q

Portfolio income

A

Stocks

Q

Sales tax

A

On goods and services

Q

Core values

A

Represent best priorities

Q

Legacy

A

Handed down

Q

Philanthropy

A

Love of humanity