Shared Flashcard Set

Details

Chapter 12
n/A
26
Finance
10th Grade
03/27/2012

Additional Finance Flashcards

 


 

Cards

Term
appreciation
Definition
AN INCREASE IN THE VALUE OF AN INVESTMENT
Term
capital gain
Definition
Income earned from selling an asset for more than the purchase price
Term
stock
Definition
a share in ownership of a corporation
Term
dividend
Definition
a portion of a companys earnings paid to stockholders
Term
common stock
Definition
stock that pays diviends declared by the company and gives stockholders certain voting rights
Term
preferred stock
Definition
Stock that pays regular dividends at a set rate
Term
securities exchange
Definition
A formal market where securtities are bought and sold by stockbrokers
Term
stockbroker
Definition
An agent who buys and sells securities for client
Term
bond
Definition
A certificiate of debt issued by a corporation or government that entitles the bond holders to set a rate
Term
mutual fund
Definition
An investment created by pooling the moneyof many people and investing it in a collection of several securities
Term
net asset value
Definition
A mutual funds assests minus its liabilites.Also called current market value
Term
money market fund
Definition
Deals only in high interest,short term investment such as U.S
Term
bull market
Definition
Term for the market when investors are confident in the enocomy and stock prices are rising.
Term
bear market
Definition
Term for the market when investors feel insecure and stock prices fall
Term
investment portfolio
Definition
The collection of securitites and other assets a person owns
Term
diversification
Definition
Spreading risk by putting monney in a variety of investments
Term
prospectus
Definition
A legal document that gives a detailed description of a security
Term
dollar-cost averaging
Definition
A strategy of investing a fixed dollar amount at regular intervals
Term
annuity
Definition
A contract with an insurance company that provides income for a set period of time or for life
Term
estate
Definition
The possessions ,such as propterty,savings,investments,and insurance benefits,a person leaves when he or she dies
Term
executor
Definition
A person appointed to carry out the terms outlined in a will
Term
will
Definition
is a legal document stating a persons wishes for his or her estate after death
Term
Trustee
Definition
a person or institution named to managed assets on behalf of the beneficiaries
Term
living will
Definition
Instructions for specific medical treatment if a person becomes unable to make medical decisions
Term
Trust
Definition
Legal document that gives a named trustee the authority to manage the assets in an estate on behalf of the beneficiaries
Term
Probate court
Definition
the government institution that processes a deceased indiidual will and estate
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