MANAGEMENT

Detailed explanation-1: -Stocks are insured against loss by most banks and credit unions. By automatically reinvesting dividends, you are buying additional shares and increasing your investment. Interest is the fee received for the use of money.

Detailed explanation-2: -which of the following best defines a credit union? A nonprofit, cooperative financial institution owned and operated by its members, usually employees of a particular organization.

Detailed explanation-3: -The FDIC manages two deposit insurance funds, the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF). The BIF insures deposits in commercial banks and savings banks up to a maximum of $100, 000 per account.

Detailed explanation-4: -Bonds-An IOU to You The bond is essentially an IOU from the issuer that promises to pay an investor interest over the life of the bond, plus repay the amount invested-the principal-at a certain due date, known as maturity.