Term | Definition |
Aggressive Growth Stock Mutual Fund | mutual fund that seeks to provide maximum long-term capital growth from stocks of primarily smaller companies or narrow market segments; divdend income is incidental; the most volatile fund; also referred to as a small-cap fund |
Annuity | contract sold by an insurance company, designed to provide payments to the holder at specific intervals, usually after retirement; the holder is taxed at the time of distribution or withdrawal, making this a tax-deferred arrangement |
Stock Mutual Funds | Such a mutual fund primarily invests in stocks. Sometimes it is called an equity or growth fund |
Bond | an agreement with legal force, in particular |
Ratio | the quantitative relation between two amounts showing the number of times one value contains or is contained within the other |
Account | a record or statement of financial expenditure or receipts relating to a particular period or purpose |
Commodity | a raw material or primary agricultural product that can be bought and sold, such as copper or coffee |
Diversification | the act of introducing variety |
Stocks | the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution |
Dividend | a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves) |
Cap Fund | The PIH Office of Capital Improvements administers The Capital (CAP) Fund. The Fund provides funds annually to Public Housing Agencies (PHAs) for the development, financing, and modernization of public housing developments and for management improvements |
Fixed Annuity | Annuity contracts in which the insurance company pays a fixed dollar amount of money per period |
Futures | a term used to designate all contracts covering the sale of financial instruments or physical commodities for future delivery on a commodity exchange |
Record | a thing constituting a piece of evidence about the past, esp. an account of an act or occurrence kept in writing or some other permanent form |
Investments | the action or process of investing money for profit or material result. |
Large-Cap Fund | A fund that invests primarily in large cap stocks |
York Stock Exchange | A stock exchange based in New York City, which is considered the largest equities-based exchange in the world based on total market capitalization of its listed securities |
Mid-Cap Fund | A fund that invests primarily in the stocks of companies with a medium market capitalization |
Exchange | an act of giving one thing and receiving another (esp. of the same type or value) in return |
Liquidity | the availability of liquid assets to a market or company |
Money Market | the trade in short-term loans between banks and other financial institutions |
Risk | a situation involving exposure to danger. |
International | existing, occurring, or carried on between two or more nations |
Risk/Return | The generally accepted relationship or correlation between risk and return |
C.D. | certificate of deposit |
Savings | the process of setting aside money until a future date instead of spending it today |
Share | piece of ownership in a company or mutual fund |
Single | only one; not one of several |
Small-Cap Fund | mutual fund that invests in companies whose market value us less that $1 billion |
Speculative | purchasing risky investments that present the possibility of large profits, but also pose a higher-than-average possibility of loss |
Track Record | the past history of something; with investments, look at the five or ten year record |
Variable Annuity | annuity that has a varying rate of return based on the mutual funds in which one has invested |
Dow Jones Average | The oldest and most widely used measures of the overall condition of the stock market in the U.S. Each of the four averages is price-weighted and includes a few dozen widely held blue-chip stocks |
Standard and Poor 500 | The S&P 500, or the Standard & Poor's 500, is a stock market index based on the market capitalizations of 500 leading companies publicly traded in the U.S. stock market, as determined by Standard & Poor's. |
New York Stock Exchange | A stock exchange based in New York City, which is considered the largest equities-based exchange in the world based on total market capitalization of its listed securities |
American Stock Exchange | The third-largest stock exchange by trading volume in the United States. In 2008 it was acquired by the NYSE Euronext and became the NYSE Amex Equities in 2009. |
Nasdaq | A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks. |
Growth | the process of increasing |