Shared Flashcard Set

Details

investing and estate planning
finance
26
Finance
10th Grade
03/26/2012

Additional Finance Flashcards

 


 

Cards

Term
appreciation
Definition
refers to an increase in the value of an ininvestment
Term
capital gain
Definition
is an income earned when the selling price is greater than the purchased price
Term
stock
Definition
is a share in the ownership of a corporation
Term
dividend
Definition
is a portion of a company earnings paid to stockholders
Term
common stock
Definition
earn dividends declared by the company
Term
preferred stock
Definition
receive regular dividends at a set rate
Term
securities exchange
Definition
is a formal market where securities are brought and sold by stockholders
Term
stockbroker
Definition
is a agent who buys and sells securities for clients
Term
bond
Definition
is a certificate of debt issued by a corporation or government
Term
mutual fund
Definition
is created by pooling the money of many people and investing it in a collection of securities
Term
net asset vale
Definition
is the fund assets minus its liabilities
Term
money market fund
Definition
is a type of mutual fund that deals only in high interest short-term investments such as u.s treasury securities certificates of deposits and commercial papers
Term
bull market
Definition
is an extended peroid of consumer confidence and optimism when stock prises rise
Term
bear market
Definition
is an extended period of uncertainly and pessimum 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 variety of investments
Term
prospectus
Definition
is a legal document that gives a detailed description of a security
Term
dollar cost averaging
Definition
is a strategy of investing a fixed dollar amount at a regular intervals such as monthly without regard to the price of the investment at the time you buy it
Term
annuity
Definition
is a contract with an insurance company that provides regular income for a set of time usually for life
Term
estate
Definition
refers to the assets and liabilities a person leaves when he or she dies
Term
executor
Definition
is a person appointed to carry out the terms oulined in their will
Term
will
Definition
is a legal document stating a persons wishes for his or her estate after death
Term
trustee
Definition
ia a person or institution named to manage assets on behalf of the beneficiaries
Term
living will
Definition
is a statement of instructions for specific medical treatment if a person becomes unable to make medical decisions
Term
trust
Definition
is 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
is the government institution that processess a deceased individual will and estate
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