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chapter 13
n/a
33
Finance
11th Grade
05/06/2013

Additional Finance Flashcards

 


 

Cards

Term
return
Definition
the income that an investment produces
Term
volatility
Definition
the degree to which an investments return or value may change
Term
risk
Definition
the possibility of variation in the return on an investment
Term
diversification
Definition
a strategy of making a variety of investments in order to reduce exposure to risk
Term
portfolio
Definition
collection of investments
Term
investment club
Definition
group of people who meet regularly to learn about investing and to make investments together
Term
pension plan
Definition
any retirement plan offered to a companys employees
Term
401(k)plan
Definition
Term
IRA
Definition
individual retirement account; a personal savings plan that enables workers and their spouses to set aside money for retirement
Term
roth IRA
Definition
IRA in which contributions are not taxdeductible
Term
keogh plan
Definition
a federally approved defined contributions tax deferred retirement plan designed specifically for selfemployed people
Term
stock
Definition
ownership interest in a corporation
Term
shares
Definition
individual units of ownership in a corporation
Term
shareholders
Definition
people who have purchased shares of stock ina corp and are therefore part owners of the company
Term
stock market
Definition
organized trading of stocks
Term
stock exchange
Definition
a central location where stocks are sold on a trading floor
Term
dividend
Definition
Term
stockbroker
Definition
an individual or firm that will buy and sell stock for clients according to their instructions
Term
bonds
Definition
Term
mutual fund
Definition
Term
prospectus
Definition
Term
annuity
Definition
Term
real estate
Definition
Term
commodities
Definition
Term
estate
Definition
Term
estate planning
Definition
Term
will
Definition
Term
executor
Definition
Term
beneficiary
Definition
Term
intestate
Definition
Term
living trust
Definition
Term
power of attorney
Definition
Term
living will
Definition
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