Shared Flashcard Set

Details

Investment and Estate Planning
Personal Finance
26
Finance
9th Grade
03/26/2012

Additional Finance Flashcards

 


 

Cards

Term
Appreciation
Definition
An increase in the value of an investment
Term
Capital
Definition
Income earned when the selling price is greater than the purchase price
Term
stock
Definition
A share in th ownership of a corporation
Term
Dividend
Definition
A portion of a compony's earnings paid to stockholders
Term
Common stock
Definition
Earn dividends declared by the company
Term
Preferred Stock
Definition
Recieve regular dividends at a set rate
Term
Securities Exchange
Definition
A fo market where are bought by stockbrokers
Term
Stockbroker
Definition
An agent who buys and sels securities for clients
Term
Bond
Definition
A certificate of debt issued by a corporation or government
Term
Mutual Fund
Definition
Created by pooling the money of many people and investing it in a collection of securities.
Term
Net Asset Value(NAV)
Definition
The fund's assets minus it's liabilities.
Term
Money Market Fund
Definition
A type of mutual fund that deals only in high interest, short term investmentss
Term
Bull Market
Definition
An extended period of consumer confidence and optimism when stock prices rise.
Term
Bear Market
Definition
An extended period of uncertainty and pessimism when stock prices fall.
Term
Investment Portfolio
Definition
A collection of securities and other assets a person owns.
Term
Diversification
Definition
Refers to spreading risk by pitting money variety of investments.
Term
Prospectus
Definition
A legal document that gives a detailed description of a security.
Term
Dollar-cost averaging
Definition
A stagety of investmenting a fixed dollar amount at regular interval, such as monthly, without reguard to the investment at the time you buy it.
Term
Annuity
Definition
A contract with an insurance compony that provides regular income for a set period of time, usually for life.
Term
Estate
Definition
refers to assets and liabilities a person leaves when he or she dies.
Term
Executer
Definition
A person appointed to carry out the terms outlined in their will
Term
Will
Definition
A legal document stating a person's wishes for his or her estate after death.
Term
Trustee
Definition
a person or institution named to manage assets on behalf of the beneficiaries
Term
Living Will
Definition
Instuctionsof medical treatment if a person make medical decisions
Term
Trust
Definition
A legal document that gives a named trustee the authority the manage the assets in an estate on behalf of the beneficiaries.
Term
Probate Court
Definition
The government institution that processes a deceased individuals's will and estate.
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