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Intro to Investing

TermDefinition
Back-End Load fees paid to the mutual fund company when selling a mutual fund
Front-End Load fees paid to the mutual fund company as an entry requirement into certain mutual funds
Dividend a payout of profits by a company to all shareholders
Expense Ratio a way to compare funds; the annual percentage a mutual fund takes as payment
FDIC-Insured money insured by the government
Inflation rise in prices that effectively makes cash have less buying power over time
No-Load Fund a mutual fund that charges no front-end or back-end load fees
Savings Account a safe, low-return investment available from banks
Yield the percentage of interest earned annually; the annual dividend divided by the share price
Created by: tmikels52
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