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Stack #4035353
| Question | Answer |
|---|---|
| Savings | an economy of or reduction in money, time, or another resource. |
| investment | the action or process of investing money for profit or material result. |
| return on investment | Return on investment or return on costs is a ratio between net income and investment. |
| compound interest | total amount of principal and interest in future (or future value) minus principal amount at present |
| stock | the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution. |
| bond | a relationship between people or groups based on shared feelings, interests, or experiences. |
| diversification | the action of diversifying something or the fact of becoming more diverse. |
| retirement account | An individual retirement account (IRA) is a long-term savings plan with tax advantages that taxpayers can use to plan for retirement. |
| stock market | a stock exchange. |
| dividend | a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits |
| mutual fund | an investment program funded by shareholders that trades in diversified holdings and is professionally managed. |
| common stock | shares entitling their holder to dividends that vary in amount and may even be missed, depending on the fortunes of the company. |
| preferred stock | stock that entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends. |
| corporate bond | A corporate bond is an investment in the debt of a business, and is a common way for firms to raise debt capital. |
| government bond | A government bond is a debt security issued by a government to support government spending and obligations. |
| beneficiary | a person who derives advantage from something, especially a trust, will, or life insurance policy. |
| executor | a person or institution appointed by a testator to carry out the terms of their will. |
| trust | firm belief in the reliability, truth, ability, or strength of someone or something. "relations have to be built on trust" |
| estate | : possessions, property. especially : a person's property in land and tenements. a man of small estate. (2) : the assets and liabilities left by a person at death. |
| will | a · to dispose of by or as if by a will : bequeath. willed his entire estate to his son ; b · to order or direct by a will. |
| power of attorney | the authority to act for another person in specified or all legal or financial matters. |
| investment liquidity | Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. Cash is the most liquid of assets, while tangible items are less liquid. |
| probate | the official proving of a will. |
| personal financial planning | Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events |
Created by:
cjc21
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