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| Yearly intrest rate charged on a credit account |
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| Tax-deferred savings plan that allows an employer to match employee deposits into the account up to 100% |
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| An item owned by an individual or organization that has monetary value |
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| Common name for companies with a long history of trustworthy accounting, favorable returns & growth |
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| Slang term for the calling center used by telemarketers because it is where swindlers "turn up the heat" on their potential victims |
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| Certificate representing a loan of money for a specific period in exchange for a promise to repay the amount borrowed with interest by the government or a corporation |
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| Increased value at the time of redemption of a security since its original purchase |
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| Decreased value at the time of redemption of a security from its original purchase |
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| Latin phrase meaning "Let the buyer beware." |
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Term
| Certificate of Deposit (CD) |
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Definition
| Saving tool purchased for a specific dollar amount at a fixed interest rate for a specific time period |
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Definition
| Fee paid to a broker or agent fee for carrying out a transaction |
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| Securities representingequity ownership in a public company |
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Definition
| Interest earned on a principle plus previously accrued interest |
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Definition
| borrowing money now with a promise to pay it back at a later time, generally with interest |
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| Strategy for reducing risk by spreading investment money among a number of investment types and industries |
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| Earnings on stock paid to shareholders by corporations |
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Term
| Dow Jones Industrial Average (DJIA) |
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Definition
| Market indicator that averages blue chip U.S. stocks in different categories |
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Definition
| Individual who establishes, maintains, & assumes the risk of a business operation |
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Definition
| Central location where buyers & sellers unite to execute transactions |
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Term
| Federal Deposit Insurance Corporation (FDIC) |
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Definition
| Agency of the federal government created to guarantee bank deposits |
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Definition
| Professional who provides financial info & advise; may include an employee benefits staff member, credit counselor, bank employee, broker, financial planner, accountant, insurance agent, or attorney |
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| Systematic course of action for identifying financial goals, figuring net worth, estimating income & expenses & using credit wisely |
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Definition
| Use of intentional misrepresentation for illegal gain |
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Term
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Definition
| Contract to buy or sell specific amount of a commodity at a specific future date & price |
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