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Banking Services
FL 1B Jhordyn ward
| Term | Definition |
|---|---|
| Saving | money put aside for something or an emergency |
| Investing | creation of more money through the use of capital by putting money into a business |
| Rule of 72 | A formula used to determine the amount of time it will take for invested money to double at a given compound interest rate, |
| compounding of interest | Interest paid on previously earned interest as well as on the principal |
| stock | Ownership of a corporation indicated by shares, which represent a piece of the corporation's assets and earnings. |
| share | A share is the smallest unit of ownership. They may be bought or sold on or off an exchange. |
| shareholder | Person or entity that owns shares or equity in a corporation |
| portfolio | A collection of investments, real and/or financial. |
| dividend | A portion of a company's profit paid to common and preferred shareholders. |
| bond | Bonds are debt and are issued for a period of more than one year. |
| issuer | An entity that puts a financial asset in the marketplace. |
| holder | The owner of a given security |
| coupons | parts of a commercial instrument which are. to be cut, and are connected with the contract mentioned in the instrument. |
| certificates | instruments which authorize and establish a public minister in his character with the state |
| face amount | the original amount due on a promissory note or insurance policy as stated therein, without calculating interest. |
| coupon rate | The interest rate that a bond pays to a bondholder, usually semi-annually. The coupon rate is stated on the bond. |
| maturity date | Date that the bond finishes and is paid off |
| Price Amount | pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value |
| cost of funds | Interest rate associated with borrowing money. |
| fair market price | What a willing buyer pays a willing seller for a given asset |
| yield to maturity | the rate of return on a bond if it is held until maturity |
| Fluctuations | A change to a price or interest rates. Prices may fluctuate according to supply and demand. |
| mutual fund | Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals. |
| Asset | Any possession that has value in an exchange. |
| asset allocation | An active management strategy for a portfolio or fund with a basic set of securities. |
| bond yield | The income one receives from a bond investment, rather than its capital appreciation. |
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JhordynWard
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