Term
|
Definition
A certificate that is issued to a person by the bank when the person is depositing money into an account for a specific period of time (ie. six months, one year, or two years); If the person withdraws the money early from this account then there is a penalty charge. |
|
|
Term
|
Definition
A certificate that represents a purchaser’s agreement to lend money based on the borrower’s promise to repay the debt. |
|
|
Term
|
Definition
The potential risk that the bond issuer will not pay interest or return money when it matures |
|
|
Term
Money Market Mutual Funds |
|
Definition
A fund restricted by law to investing in the short-term money market. MMMFs provide low risk and low returns, but they maintain their investment value. |
|
|
Term
|
Definition
An investment tool that pools the money of many shareholders and invests it in a diversified portfolio of securities, such as stocks, bonds, and money market assets |
|
|
Term
|
Definition
The rate or how fast money in a savings account of investment grows |
|
|
Term
|
Definition
The likelihood of an investment losing value or gaining value; the uncertainty of which it will be. |
|
|
Term
|
Definition
A bank account used to deposit money for safe keeping and which will earn interest over time |
|
|
Term
|
Definition
A document representing a loan of more than one year to the U.S. government, to be repaid, with interest on a specified date |
|
|
Term
|
Definition
Units of ownership in a corporation |
|
|
Term
What are some investment strategies? |
|
Definition
1.Mutual Funds 2.Stocks 3. Corporate Bonds |
|
|