Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

8.01Personal Finance

Savings And Investing

Save To set aside present income for future use.
Invest To put money to work earning interest over time.
Profit Money remaining in a business after expenses are paid.
Interest Money paid for the use of someone else's money over a period of time.
Return The income that can be made on an investment.
Liquidity How easily an asset can be converted into cash.
Volatility How easily the interest or cash value of an investment can change.
Risk The possibility of earning or losing money from an investment.
Transaction A saving/investing activity---e.g., deposits, withdrawals, and transfers.
Savings Account An account in a bank/financial institution for saving, making deposits/withdrawals.
Money Market A savings account in which deposits are invested to yield additional earnings.
CD A certificate of deposit stating money has been deposited for a specific time.
Savings Bond A debt certificate issued by the U.S Treasury that is not transferable.
IRA An individual retirement account used to save money for retirement.
Koegh Plan A tax-deferred retirement plan for self-employed people.
Roth IRA A personal savings plan; contributions are not tax-deductible; earnings are tax-free.
Stock A share of ownership and interest in the assets and earnings of a company.
Common Stock Stock in a public corporation; returns vary, but higher risk.
Preferred Stock Stock with fixed dividends, less risk.
Blue Chip Stock Stock from large companies, less risk.
Growth Stock Stock from growing companies, more risk.
Penny Stock Stock that costs less than $1 per share; extremely high risk.
Bond A certificate of debt given by a company or government that entitles the bondholder to the original amount plus interest paid by a set date.
Mutual Fund A group of investments held in common with shares owned by individual investors.
Created by: mooreja4