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| An increase in the value of an investment |
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| Income earned from selling an asset for more than the purchase price |
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| A share in ownereship of a corporation |
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| A portionof a company's earnings paid to stockholders |
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| Stock that pays dividends declared by the company and gives stockholder certain voting rights. |
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| Stocks that pay regular dividends at a set rate. preferred stockholders have priority in receiving dividends and assets, but do not have voting privileges. |
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| A formal market where securities are bought and sold by stockbrokers |
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| An agent who buys and sells securities for clients |
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| A certificate of debt issued by a corporarion or government that entitles the bondholder to a set rate of interest on the face value of the bond until it matures. |
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| An investment created by pooling the moneyof many people and investing it in a collection of several securities |
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| A mutual fund's assets minus its liabilites. also called a current market value. |
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| A type of mutual fund that deals only in high interest, short term investments such as U.S. Treaury Bills, certificates of deposit, and commercial paper |
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| Term for the market when investiors are confident in the economy and stock prices are rising |
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| Term for the market when investors feel insecure and stock prices fall |
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| The collection of securities and other assets a person owns. |
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| Spreading risk by putting money in a variety of investments. |
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| A legal document that gives a detailed description of a security |
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| A strategy of investing a fixed dollar amount at regular intervals |
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| A contract with an insurance companpany that provides income for a set period of time or for life |
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| The possessions, such as property, savings, investments, and insurance benefits, a person leaves when he/she dies |
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| A person appointed to carry out the terms outlined in a will |
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| A legal document stating a person's wishes for his or her estate after death |
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| A person or insitution named to manage an estate on behalf of the beneficiaries |
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| A statement of instructions for specific medical treatment if a person becomes unable to make medical decisions |
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Definition
| A legal agreement where assets and property are managed by a trustee on befalf of the beneficiaries |
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Definition
| The government institution that processes a deceased individual's will and estate |
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