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Planning for your career
Planning for your career
32
Finance
10th Grade
04/16/2012

Additional Finance Flashcards

 


 

Cards

Term
Commerical bank
Definition
A full-service financial institution that offers a variety of services
Term
Saving and loan association
Definition
A financial institution that provides loans and mortgages to customers who hold a saving acount
Term
Credit union
Definition
A nonprofit financial cooperative owned by its members
Term
Brokerage firm
Definition
A licensed institution that specializes in investing.
Term
Insured financial institution
Definition
One that is insured as by Federal Deposit Insurance Corporation (FDIC), Savings Association Insurance Fund (SAIF), or Natioanl Credit Union Administration (NCUA) to protect deposits of clients
Term
Checking account
Definition
Paper checks or debit cards are used to withdraw money deposited into the account to pay for items
Term
Savings account
Definition
Money is deposited into an account to earn interest
Term
Retirement plan account
Definition
A plan for saving money for retirement; money tax-deferred until withdrawn
Term
Share account
Definition
A savings account at a credit union
Term
Share certificate account
Definition
A certificate of deposit at a credit union
Term
Share draft account
Definition
A checking account at a credit union
Term
Bond
Definition
An investment of money in a government or organization
Term
Certificate of deposit
Definition
An insured interest-earning savings tool with restricted access to funds
Term
Mutual fund
Definition
Groups of stocks, bonds, and other investments managed by an investment firm
Term
Real estate investment
Definition
Purchasing properties as an investment to gain profit
Term
Stock
Definition
Ownership, represented by shares, in a corporation
Term
Credit card
Definition
A card used to make a purchases; must be repaid later with interest
Term
Loan
Definition
Borrowed money
Term
Career plan
Definition
an outline of steps or action you can take to reach a career goal.
Term
interests
Definition
include activites you enjoy, subjects you like.
Term
Aptitudes
Definition
natural physical and mental talents
Term
abilites
Definition
physical and mental skills developed through learning, training, and practice.
Term
Career clusters
Definition
16 genaral groupings of occupational and career areas
Term
Career Ladder
Definition
An outine of jobs in a given career field that are available at different levels of education and training and experience
Term
e-learning
Definition
Internet education and training programs
Term
Distance
Definition
education or training is delivered  to student online, by mail, or on television.
Term
Occupational training
Definition

 Which prepairs you for a specific type of work, is avilable through a veriety of schools and programs in addition to online offers.

 

Term
Community Colleges
Definition
Usually two year schools offering both academic and accupation
Term
Internship
Definition
A short term postion with a sponsoring organization that gives the intern an opportunity to gain on the job experince
Term
Apprenticeship
Definition
A combination of on the job trianing, work experience and classroom instruction
Term
Reserve Officers Training corps
Definition
to prepare high school students for leadership roles
Term
Continuning education
Definition
Learning you pursue after you complete your formal education and traning.
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