Shared Flashcard Set

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khirel
khirel
26
Finance
10th Grade
03/26/2012

Additional Finance Flashcards

 


 

Cards

Term
appreciation
Definition
refers to an increase in the value of an investment
Term
capital gain
Definition
is income earned when the selling price is greater then the purchase price
Term
stock
Definition
is a share in the ownership of a corparation
Term
dividend
Definition
is a portion of a companys eaerninigs paid to stockholders
Term
common stock
Definition
earn divideneds declared by the company
Term
preffered stock
Definition
recieve regular divideneds at a set rate
Term
securities exchange
Definition
is a formal market where securities are bought and sold by stockbrokers
Term
stockbroker
Definition
is an agent who buys and sells securties for clients
Term
bond
Definition
is a certificate of debt issued by a corparation or goverment
Term
mutual fund
Definition
is creaeted by pooling the money of many people and investing it in a collection of securities
Term
NAV
Definition
is the funds assets minus its liabilties
Term
money market fund
Definition
is a type of mutual fund that deals only in high interest
Term
bull market
Definition
is an extended period of consumer confidence and optimism when stock prices rise
Term
bear market
Definition
is extended period of uncertaintly and pessimism when stock prices fall
Term
investment portfolio
Definition
is a collection of securities and other assets a person owns
Term
diversification
Definition
refers to spreading risk by putting money in a varity of investment
Term
prospectuas
Definition
is a legal document that gives a detailed descriptions of a security
Term
dollar-cost averging
Definition
is strategy of investing a fixed dollar amount at regular intervals
Term
annuity
Definition
is a contract with an insurance company that provides regular income fo a set period oof time
Term
estate
Definition
refers to the assets and liabilties a person leaves when he or she dies
Term
executor
Definition
executer is a person appoited to carry out the terms outlined in thier will
Term
will
Definition
is a legal document stating a persons wishes for his or her estae after death
Term
trustee
Definition
is a person or intustion named to manage assets on behalf of beneficiaries
Term
living will
Definition
helthcare directive
Term
trust
Definition
is a legal document that gives a named trustee the authority to manage the assets in an astase on behalf of the beneficious
Term
probate court
Definition
os the goverment instiution thatprocesses a decreased indviduals will and estate
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