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Increase in the value of an investment |
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Income earned when selling price is greater than the purchase price |
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A share in the ownership of a corporation |
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Portion of a company's earnings paid to stockholders |
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Earn dividends declared by the company |
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Reciving regular dividends at a set rate |
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Formal market where securities are bought and sold by stockbrokers |
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An agent who buys and sells securities for clients |
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Certificate od debt issued by a corporation or government |
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created by pooling the money of many people and investing it in a collection of securities |
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Fund's assets minus its liabilities |
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Type of mutual fund that deals only in high intrest, short-term investments, certificates of deposit, and commercial paper |
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Extended period of consumer confidence and optimism when stock prices rise |
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Extended period of uncertainty and pessimism |
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Collectio of securities and other assets a person owns |
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Spreading risk by putting money in a variety of investments |
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Legal document that gives a detailed description of a security |
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Strategy of investing a fixed dollar amount at regular intervals such as monthly, without reguard to the price of the investment at the time you buy it |
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Contract with an insurance company that provides regular income for a set period of time, usually for life |
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Refers to the assets and liabilities a person leaves when he or she dies |
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Person appionted to carry out the terms outlined in their will |
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Legal document stating a person's wishes for his or her estate of death |
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Person or institution named to manage assets on behalf of the beneficiaries |
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Statement of instructions for specific medical treatment if a person becomes unable to make medical decisions |
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Legal document that gives a named trustee the authority tto manage the assets in an estate on behalf of the beneficiaries |
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Government institution the processes a deceased indivisduals will and estate |
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