Question
1. Match the following acronyms/initialism to their definitions. (Put the number on the line next to the abbreviation that it matches.) a. NPL ___ 1.
1. Match the following acronyms/initialism to their definitions. (Put the number on the line next to the abbreviation that it matches.)
a. NPL ___ 1. A retirement scheme that pays a fixed monthly amount.
b. RBC ___ 2. The entity that regulates insurance policies.
c. ETF ___ 3. The entity that regulates pension funds.
d. DB ___ 4. A financial firm that is very large and may contribute to a financial crisis.
e. IRA ___ 5. A loan that is unlikely to be repaid.
f. NAIC ___ 6. A mutual fund that trades during the day like a regular stock.
g. SIFI ___ 7. Capital ratio that depends on the risk of the banks assets.
h. LLR ___ 8. An accounting entry for allowances for losses on loans.
i. MMMF ___ 9. A retirement scheme that is not tied to the employees company.
j.PBGC ___ 10. A mutual fund that invests in short-term, high grade securities.
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