Part 13 Flashcards
5 important factors when making investments are
1 Return ___ __________
2 Return ___ __________
3 R_____
4 L________
5 __________ outlook
1 Return on investment
2 Return of investment
3 Risk
4 Liquidity
5 Economic outlook
13-200
_________ market is the interaction of buyers and sellers who trade short-term money instruments
Money market
13-202
We express the price of money as an __________ _____ - that is, the cost to borrow funds
Interest rate
13-202
T/F When money is plentiful the price of money declines. When money is scarce, the price rises
True
13-202
__________ market is the interaction of buyers and sellers trading long or intermediate term money instruments
Capital
13-203
A _______ is a pledge of a described property interest as collateral or security for the repayment of a loan under certain terms and conditions
Mortgage
13-204
The example of a guaranteed loan is a:
VA loan
13-205
Two examples of an insured mortgage would be:
1
2
1 HUD
2 FHA
_________ _________ insurance is required on an insured mortgage
Private mortgage
13-205
A ___________ mortgage is a mortgage that is not fully amortized at maturity and requires a lump sum payment
Balloon
13-205
The __________ ___________ market is a collection of buyers and sellers of particular real estate and the transactions that occur among them
Real estate
13-206
The _______ _______ carries out the nations monetary policy
Federal Reserve
13-206
_____________ is an erosion of the purchasing power of currency characterized by price escalation and an increase in the volume of money
Inflation
13-208
__________ is an increase in the price or value of a property or commodity resulting from an excess of demand over supply or other factors
Appreciation
13-208
