Shared Flashcard Set

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Finace
business
16
Business
11th Grade
03/16/2010

Additional Business Flashcards

 


 

Cards

Term
Cash Managment
Definition
The daily routine of handeling money to take care of an individuals needs by keeping enough avaliable for living expensives,emergencies,savings, and investments
Term
certtificate of deposite
Definition
am insured intrested earning saving instruments with restricted acess to the fund
Term
checking account
Definition
a tool used to transfer funds deposited into the acount to make a cash purchase.
Term
compounding intrested
Definition
earning intres
Term
finacial risk pyramid
Definition
an illusion which reprresentsthe trade offs betweenrisks and return for a number of investments
Term
Fixed intreset rate
Definition
the intrest rate will not change for the lifetime of the investment
Term
future value
Definition
the value of an asset project to the end of a particualy time periode
Term
intrest
Definition
price of money
Term
inflation
Definition
steady rise in he level of prices. Occurs when the supplyof money rises faster than the supply of goods and services avalible for p
Term
investing
Definition
the purchase of assets with the goal of increasinng futur income
Term
money market deposit account
Definition
a government insured account offered at most depository institutions
Term
liquidity
Definition
the speed and ease with which an asset can be converted into cash
Term
money market deposit account
Definition
a government insured account offered at the most depository institution
Term
number
Definition
time,number of payments or compouding periodes
Term
pay yourself 1st
Definition
taking out a portion of a paycheck for saving or investing befor useing any of the check for calculations 0or loans
Term
payment
Definition
the amount paid for each pay periode. PMT enters the payment amount in annuity calculation and loan calcutaion
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