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sav and in vocab

sa and in vocab

TermDefinition
savings an account where you put the funds your saving for a certain goal.
investment investing your money in order to gain profitable returns as interest, income, or appreciation.
return on investment gain or loss evaluated by the amount invested
compound interest the interest you earn on interest on the money you've saved.
stock a type of security that gives stockholders a share of ownership in a company.
bond investment where you lend your money and it is paid back at a certain day and certain interest rate
diversification spreading your investments around so that your exposure to any one type of asset is limited
retirement account investment account that helps individuals retire late in life usually at the age of 59
stock market a place to buy and sell shares and other financial instruments
dividend a payout to individual shareholders, funded by a company’s profits
mutual fund open ended investment company that pools money from many investors into one fund
common stocks a class of stock that represents equity in a corporation
preferred stock shares issued from a company that have priority in receiving dividends and other benefits over common stocks.
corporate bonds bonds that are issued out by certain companies
government bonds a form of bonds issued by a government to support public spending
benificiary a person that receives designated funds from someone else or a company
executor a person appointed to carry out the terms of their will
trust the firm belief in the reliability, truth, and ability of someone or something
estate the total property or real estate owned by someone
will the desire or inclination of someone or a certain group
power of attorney a legal document that allows someone else to act on your behalf
investment liquidity how easily or quickly a security can be bought or sold
probate the administration of a deceased persons will
personal financial planning a person maximizes their financial resources to achieve their goals
estate planning planning on how someone's assets will be distributed before they die.
Created by: user-1991549
 

 



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