Term
| Individual Retirement Account (IRA) |
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Definition
| Savings plans of which there are several different types of individual retirement accounts allowed by the IRS to promote retirement savings that provide tax advantages & increase the effect of compound interest |
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Definition
| Money spent to increase current and/or future income; it is not insured against loss that rises & falls with investment market |
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| Professional who provides financial into & advise specific to one's investments & financial goals |
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Definition
| Roadmap for individuals who invest in in the markets. Investment plans should maximize earnings to reach one's financial goals while protecting their capital |
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| Individual, organization, or company that extends credit to a borrower with the expectation that the amount will be paid back over time |
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| The wase with which an investment can be converted into cash without a loss to principal |
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| Fees charged to a mutual fund investors covering the maintenance & marketing costs of that fund |
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Definition
| Investment tool that pools the money of shareholders ina diversified portfolio of securities |
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| New York Stock Exchange (NYSE) |
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Definition
| The oldest stock market in the U.S. overseeing daily trading in over 2,000 stocks involving millions of shares |
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Definition
| Illegal investment scam named for its inventor, Charles Ponzi, that used new investor money to pay previous investors |
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| A collection of investments held by an individual or organization |
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| The amount of your initial investment of funds put into savings |
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| Legal document issued by public companies & mutual funds detailing info relevant to investment decisions |
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Definition
| Illegal investment scam whereby investors are asked to recruit others with promises of higher returns & a share of the investments made by the people they recruit |
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Definition
| Total increase of an investment; includes income plus capital gains or minus capital losses |
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Definition
| Possibility that an investment will lose value |
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Definition
| Degree of risk that an individual can afford to take when investing |
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Definition
| Mathematical process by which individuals can determine the number of years it will take to double their money if the interest rate is known |
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| Income withheld from current spending for future use |
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| Account used to set aside income for easy withdrawal & to accrue interest |
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| Percentage of the principal amount only |
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| Investment that represents shares of ownership in a company |
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| Financial representative who handles the buying & selling of securities |
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| The market in which sellers of stock trade shares with buyers of stock |
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Definition
| Group of letters standing for a particular stock, mutual fund, or other security. Also called a ticker symbol or stock abbreviation |
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