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| Growth; an increase in the value of a n investment. |
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| The income earned when the selling price is greater than the purchase price. |
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| A share in the ownership of a corporation. |
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| A portion of a company's earnings paid to stockholders. |
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| A stock in a company in which owners earn dividends declare by the company. |
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| A stock in a company in which the owners receive regular dividends at a set rate. |
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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 corporation or government. |
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| A fund created by pooling the money of many people and investing it in a collection of securities. |
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| Current market value; the fund's assets minus its liabilities. |
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| A type of mutual fund that deals only in high interest, short-term investments, such as U.S. Treasury securities, certificates or deposit, and commercial paper. |
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| An extended period of consumer confidence and optimism when stock prices rise. |
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| An extended period of uncertainty and pessimism when stock prices fall. |
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| A collection of securities and other assets a person owns. |
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| Refers to 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, such as monthly, without regard to the price of the investment at the time you buy it. |
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| A contract with a n insurance company that provides regular income for asset period of time, usually for life. |
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| Refers to the assets and liabilities a person leaves when he or she dies. |
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| A person appointed to carry out the terms outlined in their 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 institution named to manage assets on behalf of the beneficiaries. |
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| Healthcare directive; a statement of instructions for specific medical treatment if a person becomes unable to make medical decisions. |
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Definition
| A legal document that gives a named trustee the authority to manage the assets in an estate on behalf of the beneficiaries. |
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Definition
| The government institution that processes a deceased individual's will and estate. |
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