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refers to an increase in the value of an investment |
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income earned when the selling price is greater than the purchase price |
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a share in the ownership of a corporation |
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a portion of a companies earnings paid to stock holders |
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earn dividends declared by the company and can vote in the electon of company directors |
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receive regular dividends at a set rate |
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a 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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a certificate of debt issued by a corporationor 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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the funds assets minus its liabilities |
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a type of mutual fund that deals only in high interest and short term investments |
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an extended period of consumer confidence and optimism when stock prices rise |
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an extended period of uncertainty and pessimisim when stock prices fall |
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a collection of securities and other assets a person owns |
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refers to spreading risk by putting money in a variety of investments |
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a legal document that gives a detailed description of a security |
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a strategy of investing a fixed dollar amount at regular intervals, asuch as monthly, without regard to the price of the investment at the time you buy it |
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is a contact 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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is a person appointed to carry out the terms outlined in their will |
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legal document stating a persons wishes for his or her estate after death |
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a person or institution named to manage assets on behalf of the beneficiaries |
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legal document that gives a named trustee the authority to manage the assets in an estate on behalf of the beneficiaries |
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government institution that processes a deceased individuals will and estate. |
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