Acronyms
When checking investment performance, it is common to look at this time frame, which is often abbreviated Y-T-D
What is Year-To-Date?
Famous for its revolutionary assembly line, this American company kept it simple with the ticker symbol F
What is Ford?
This type of investment can only be issued by the U.S. federal government
What are Treasuries?
This asset class enables investors to buy or sell an asset at a specific price by a specific date
What is an option?
JPMorgan Chase, as we know it today, is the result of countless mergers and acquisitions. The oldest predecessor is the Bank of Manhattan Company, which was founded by this former vice president of the U.S. He is best known today for a famous duel.
Who was Aaron Burr?
Compact discs are largely a thing of the past, but C-Ds are popular rate products with this full name
What are certificates of Deposit?
3M, which manufactures numerous everyday products, such as Scotch tape and Post Its, obviously has this ticker
What is M-M-M?
Usually expressed as a percentage, it is the annual cost of owning a mutual fund or ETF
What is the expense ratio?
This account type feature enables clients to borrow money from their brokerage to buy securities, using their account as collateral
What is margin?
Commonly, our company's balance sheet or financial strength is referred to as this type of military installation.
What is a fortress?
An A-R-M refers to this type of loan common with homeowners
What is an Adjustable Rate Mortgage?
You may prefer dogs, but this construction company goes by the ticker C-A-T
What is Caterpillar?
Internally, investors who have both managed and self-directed investment accounts with JPMC are commonly referred to as this type of client.
What are companion accounts (also accept Hybird)?
Common for couples or partners, this type of account allows individuals to pool their funds and invest together
What are joint accounts?
One of Chase's credit cards provides holders, for each purchase, with miles on this "Big Four" airline whose hub is Newark Liberty Airport
What is United Airlines?
The D-J-I-A is short for this price-weighted index that tracks 30 bellwether stocks
What is the Dow Jones Industrial Average?
Customer relationship management software helps companies engage with clients. It is commonly shortened to C-R-M, which is also this company's ticker
What is salesforce.com?
This corporate action often results in a company issuing more shares and, accordingly, its price per share declines by the inverse percentage.
What is a stock split?
This class of company stock has a higher claim on assets and earnings than common shares
What is preferred stock?
Prior to the 2004 merger with Chase, Jaime Dimon was the CEO of this financial institution
What is Bank One?
If you have at least $25,000, then you qualify for this 5-letter JPMorgan service where a team of professionals will help you manage your investable assets
What is J-P-M-P-A?
This well-known manufacturer of headphones and other audio equipment has the ticker H-E-A-R
What is Turtle Beach?
Publicly traded companies that own property and are mandated to distribute at least 90% of their profits to its shareholders via dividends are known as these.
What are Real Estate Investment Trusts (REITs)?
Typically shortened to S-E-P or SEP, this plan provides business owners with a simple method to contribute toward their workers' retirement
What is a Simplified Employee Pension?
Allegedly invented by John Pierpont Morgan himself, the Alamagoozlum cocktail includes 2 ounces or 60 milliliters of this juniper-flavored spirit, which is widely considered the precursor of gin. Today, it is mostly produced in Belgium and The Netherlands.
What is Genever?