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Lil Bank
| Term | Definition |
|---|---|
| Saving | Money put aside for the future |
| Investing | A method used to save your money |
| Rule of 72 | shortcut to estimate the number of years required to double your money at a given annual rate of return |
| Compounding of Interest | interest calculated on the initial principal and also on the accumulated interest if previous periods of a deposit or loan |
| Stock | Have or keep a supply of a particular product available for sale |
| Share | Have a portion of something with another or others |
| Shareholders | An owner of shares in a company |
| Portfolio | A large, thin, flat case for loose sheets of paper such as drawings or maps |
| Dividend | A sum of money paid regularly by a company to its shareholders out of its profits |
| Bond | A fixed income investment which an investor loans money to an entity |
| Issuer | A person or company that supplies or distributes something |
| Holder | A device or implement for holding something |
| Coupons | A voucher entitling the older to a discount for a particular product |
| Certificates | An official document a certain fact, in particular |
| Face Amount | Another term for death benefit |
| Coupon Rate | The yield paid by a fixed-income security |
| Maturity Date | Date on which the principal amount of a note, draft, acceptance bond or another debt investment becomes due |
| Price Amount | The amount of money given or set as consideration for the sale of a specified thing |
| Cost of Funds | Regional average of interest expenses incurred by financial institutions |
| Fair Of Market | An estimate of the market value of a property, based on what a knowledgeable, willing ,and unpressed buyer |
| Yield to Maturity | The internal rate of return earned by an investor who buys the bond today at the market price |
| Fluctuations | An irregular rising and falling in number or amount |
| Mutual Fund | An investment program funded by shareholders that trades in diversified holdings |
| Asset | Property owned by a person or company, regarded as having value and available to meet debts |
| Asset Allocation | The rigorous implementation of an investment strategy that attempts to balance risk versus rewards by adjusting the percentage of each asset |
| Bond Yield | The amount of return an investor realizes on a bond |