Shared Flashcard Set

Details

chpt.12
n/a
25
Finance
11th Grade
03/27/2012

Additional Finance Flashcards

 


 

Cards

Term
appreciation
Definition
an increase in the value of an investment
Term
captial gain
Definition
the selling price is greater than the purchasing price
Term
stock
Definition
share in the ownership of a corporation
Term
dividend
Definition
a portion of a company's earnings paid to stockholders
Term
common stock
Definition
earn dividends declarded by the company
Term
preferred stock
Definition
receieve regular dividends at a set price
Term
securities exchange
Definition
a fromal market where securities are bought and sold by stockbrokers
Term
stockbroker
Definition
an agent who buys and sells securities for clients
Term
bond
Definition
a ceriticate 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 asset minus its liabilities
Term
money market fund
Definition
a type of mutual fund that deals only in high interest, short-term investments
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 spreding risk by putting money in a variety of investments
Term
prospectus
Definition
a legal document that gives a detailed description of a security
Term
Dollar-cost averaging
Definition
a strategy of investing a fixed dollar amount at regular intervals without rehard to the price of the investmentat the time you buy it
Term
estate
Definition
the assets and liabilities a person leaves when he or she dies
Term
excutor
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
or healthcare directive, a statement of instuctions for specific medical treatment if a person becomes unable to make medical decisions.
Term
trust
Definition
a legal document that gives a named trustee the authority to manage the assets in an estate on behalf of the beneficiaries
Term
probate court
Definition
the government institution that processes a deceased individual's will and estate
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