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Can You Score At Least 80% On This Finance Quiz?

We're banking on the fact that you can ace this.

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  1. Son Tuyen Huynh
    Correct!
    Wrong!

    A “bull” is an investor who expects prices to rise.

  2. Son Tuyen Huynh
    Correct!
    Wrong!

    Much like friendship equity, financial “equity” is the value of the ownership of an investment.

  3. Son Tuyen Huynh
    Via Thinkstock
    Via Thinkstock
    Via Thinkstock
    Via Thinkstock
    Correct!
    Wrong!

    A “plain vanilla” financial product is one that’s simple and straightforward without any unusual characteristics.

  4. Son Tuyen Huynh
    Correct!
    Wrong!

    An asset is “liquid” if it is relatively easy to find a buyer or a seller for it.

  5. Son Tuyen Huynh
    Correct!
    Wrong!

    Unlike a bull, a “bear” is an investor who expects prices to fall.

  6. Son Tuyen Huynh
    Correct!
    Wrong!

    “Due diligence” is an analysis that aims at preventing harm to both parties involved in a transaction by thoroughly reviewing records. (And scrolling through every genre several times is guaranteed to bother your roommate.)

  7. Son Tuyen Huynh
    Correct!
    Wrong!

    A “bond” is a loan that entails a promise by a corporate, municipal, or government entity (the borrower, or “issuer”) to repay a borrowed amount (“principal”) on a particular date (“maturity”) at an agreed upon interest rate along with a fixed-coupon payment.

  8. Son Tuyen Huynh
    Correct!
    Wrong!

    “Risk” is the always present chance of losses or other negative consequences as a result of an investment. And assuming Pete will ever foot the bill is pretty risky.

  9. Son Tuyen Huynh
    Via Thinkstock
    Via Thinkstock
    Via Thinkstock
    Via Thinkstock
    Correct!
    Wrong!

    “Commodities” are raw materials (such as coffee, cocoa, precious metals, etc.) for which contracts are bought and sold on commodities exchanges.

  10. Son Tuyen Huynh
    Correct!
    Wrong!

    A “future” is a standardized contract traded on an exchange. This is an agreement between two parties to buy or sell an asset at a specified price on a given date.

Can You Score At Least 80% On This Finance Quiz?

Keep studying up! Everyone has to get started somewhere.
Keep studying up! Everyone has to get started somewhere.
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You’re finance literate. You’re interested in the different markets and keep up on trends.
You’re finance literate. You’re interested in the different markets and keep up on trends.
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You’re a finance genius! You’ve definitely done your homework and are actively investing in the market.
You’re a finance genius! You’ve definitely done your homework and are actively investing in the market.
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You’re a finance expert! You are a go-to for financial advice in your group of friends and are extremely involved in the market.
You’re a finance expert! You are a go-to for financial advice in your group of friends and are extremely involved in the market.
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Take quizzes and chill with the BuzzFeed app.
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