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Personal Finance Ter
Armuchee Personal Finance Terms
| Question | Answer |
|---|---|
| Stock whose dividends are based on market fluctuations. | Common Stock |
| Tax for which the percentage of tax remains the same for all income levels. | Proportional Tax |
| Tax for which the percentage of tax increases as income increases. | Progressive Tax |
| Tax for which the percentage of income paid in taxes decreases as income increases. | Regressive Tax |
| Money an investor receives over and above the amount initially invested. | Return |
| Market for selling financial assets that can only be redeemed by the original holder. | Primary Market |
| Market for reselling financial assets. | Secondary Market |
| Interest that is paid on principle and interest. | Compound Interest |
| Interest that is earned only on initial deposit or money borrowed. | Simple Interest |
| Fund that pools money of many people to invest in a variety of stocks, bonds or other financial assets. | Mutual Funds |
| Formal contract to repay borrowed money with interest at fixed intervals. | Bonds |
| Certificate of ownership in a corporation. | Stocks |
| Stock whose dividends are based on an annual rate of return. | Preferred Stock |
| Stock that reinvests dividends in more stocks. | Growth Stock |
| Stock that pays regular dividends. | Income Stock |
| Portion of corporate profits paid out to stockholders. | Dividends |
| Market in which money is lent for periods of less than a year. | Money Market |
| Market in which money is lent for periods longer than a year. | Capital Market |
| Investing done by individuals. | Personal Investing |
| Investing done by businesses. | Economic Investing |
| Insurance that a person purchases when they buy a house. | Property Insurance |
| Insurance that covers needs such as doctor’s visits and hospital visits. | Health Insurance |
| Insurance that a person purchases when they buy a car. | Auto Insurance |
| Threat of losing money. | Risk |
Created by:
economics
on 2012-04-19