CFA Level 1 Vocabulary Game
Exam terms with clues and explanations by OpenExamPrep.
About the CFA Level 1 Vocabulary Games
4 free word games built on 20 CFA Level 1 terms across 10 topics. Every game deals terms at random and shows what each term means, so you can keep playing as long as you like.
How to Play
- 1.Read the clue and type the term (3 to 6 letters).
- 2.Green: right spot. Yellow: wrong spot. Gray: not in the term.
- 3.Solve it in 6 tries, then read the explanation.
- 1.Swap two neighboring tiles to line up 3 of the same term.
- 2.Longer lines, two lines at once and chains score more.
- 3.Play until no swap can make a line.
- 1.Flip two cards. A matching pair stays face up.
- 2.Each pair you find shows what the term means.
- 3.Clear the board in as few moves as you can.
- 1.Find each listed term in the letter grid.
- 2.Drag across its letters: across, down or diagonally.
- 3.Find all five as fast as you can.
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Topics in the CFA Level 1 Vocabulary Game
Ethics and integrity
Quantitative methods
Economics
Financial reporting
Corporate finance
Equity markets
Fixed income
Derivatives
Alternative holdings
Portfolio management
Sources for these terms (17)
- Standards of Practice Handbook (12th edition, 2024) · Source checked 2026-11-06
- NIST/SEMATECH e-Handbook of Statistical Methods: Measures of Location · Source checked 2026-11-06
- Gross domestic product (GDP) - BEA Glossary · Source checked 2026-11-06
- Tariffs (World Trade Organization trade topics) · Source checked 2026-11-06
- IRS Publication 538: Accounting Periods and Methods · Source checked 2026-11-06
- Capital Investments and Capital Allocation (2026 CFA Program Level I Refresher Reading) · Source checked 2026-11-06
- Equity Valuation: Concepts and Basic Tools (2026 CFA Program Level I Refresher Reading) · Source checked 2026-11-06
- Security Market Indexes (2026 CFA Program Level I Refresher Reading) · Source checked 2026-11-06
- Fixed-Income Bond Valuation: Prices and Yields (2026 CFA Program Level I Refresher Reading) · Source checked 2026-11-06
- TreasuryDirect Glossary of Terms · Source checked 2026-11-06
- Treasury Notes · Source checked 2026-11-06
- Repurchase and Reverse Repurchase Agreements · Source checked 2026-11-06
- Pricing and Valuation of Interest Rates and Other Swaps (2026 CFA Program Level I Refresher Reading) · Source checked 2026-11-06
- Real Estate Investment Trusts (REITs) · Source checked 2026-11-06
- Net Asset Value (Investor.gov Glossary) · Source checked 2026-11-06
- Portfolio Risk and Return: Part II (2026 CFA Program Level I Refresher Reading) · Source checked 2026-11-06
- Basics of Portfolio Planning and Construction (2026 CFA Program Level I Refresher Reading) · Source checked 2026-11-06
About the CFA Level I Exam
CFA Level I is the first CFA Program exam and tests investment tools, ethical and professional standards, financial reporting, corporate finance, equity, fixed income, derivatives, alternative investments, and portfolio management through 180 three-option multiple-choice questions.
Exam sponsor: CFA Institute / Prometric. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.
Questions
180 questions
Time Limit
Two 135-minute sessions
Passing Score
CFA Institute Minimum Passing Score; no public fixed raw percentage
Exam / Certification Fees
USD 1,140 early or USD 1,490 standard Level I registration before taxes and optional add-ons
Exam sponsor websiteReported exam pass rate: 43% in August 2026. CFA Institute reported a 43% Level I pass rate for August 2026 among 28,145 tested candidates (May 2026: 39%; February 2026: 45%; November 2025: 43%). This describes exam candidates, not OpenExamPrep users or results from using our resources. Exam sponsor website
Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.
Frequently Asked Questions
Is the CFA L1 vocabulary game free?
Yes. The game is free to play with no sign-up. Signing in adds AI explanations for any term.
How do the CFA L1 vocabulary games work?
There are 4 games built on 20 CFA L1 terms. In Guess the Term, a clue describes one term and you have six tries to spell it, with green, yellow and gray letters showing how close you are. In Term Match, six terms appear as colored tiles; swap neighbors to line up three or more of the same term, and each match shows what the term means. In Term Pairs, twelve face-down cards hide six pairs of terms; flip two at a time to find each pair, and every pair you find shows what the term means. In Term Search, five terms hide in a grid of letters, reading across, down or diagonally; drag across a term to circle it, and each term you find shows what it means.
Where do the CFA L1 terms come from?
OpenExamPrep researched each term from the CFA Institute / Prometric content outline and primary sources, listed under Sources on this page. The game is independent study material, not an official exam resource.
How many questions are on the CFA Level I exam?
CFA Institute states that Level I has 180 multiple-choice questions divided into two 135-minute sessions. Each session has 90 questions, and candidates should budget about 90 seconds per question.
What is the CFA Level I passing score?
CFA Institute does not publish a fixed raw passing percentage. It sets a Minimum Passing Score for each level using standard setting and equating, so candidates should not rely on a public 70% rule.