Question

1. 529 plan

2. claim
3. diversification
4. liquidity
5. return
investing in a variety of investments
in order to limit losses in the event of a
sharp decline in a particular type of
investment
the ease with which an investment
can be turned into cash without losing its
value
a request for payment from an
insurance company
a savings plan for education
designed to help set aside funds to pay
for future college costs
the profit or gain from saving or
investing money

Answer 1

Here are the provided terms along with their respective definitions:

529 plan: A savings plan for education designed to help set aside funds to pay for future college costs.

Claim: A request for payment from an insurance company.

Diversification: Investing in a variety of investments in order to limit losses in the event of a sharp decline in a particular type of investment.

Liquidity: The ease with which an investment can be turned into cash without losing its value.

Return: The profit or gain from saving or investing money.