A type of security that signifies proportionate ownership in the issuing corporation
What is a stock?
The username to login to BBI's account.
What is BlackBox12?
A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate
What is a savings account?
A financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.
What is a Balance Sheet?
Official BBI partnership start date
What is July 1, 2011?
This measures the value of the stocks of the 500 largest corporations by market capitalization listed on the New York Stock Exchange or Nasdaq Composite
What is the S&P 500?
The two most recently purchased stocks by BBI.
What are Abbott Labs and Thermo-Fisher Scientific?
An interest-bearing account that typically pays a higher interest rate than a savings account
What is a money market account?
This ratio is calculated by dividing a company’s total liabilities by its shareholder equity.
What is the debt to equity ratio?
The remaining original founding members of BBI
Who are Heather, Kiersten, and Shelly?
A payment made in the form of additional shares rather than a cash payout
What is a dividend?
An order to buy or sell a security immediately.
What is a market order?
A time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and credit unions.
What is a Certificate of Deposit (CD)?
The net gain or loss on an investment over a specified time period, expressed as a percentage of the investment’s initial cost.
What is the rate of return?
First President of BBI
Who is Marisa?
A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks
What is the NASDAQ?
This is the amount BBI pays to trade securities.
What is $0?
A pool of money from hundreds and thousands of investors to construct a portfolio of stocks, bonds, real estate, or other securities, according to its charter.
What is a mutual fund?
This refers to a common set of accounting principles, standards, and procedures issued by the Financial Accounting Standards Board (FASB)
What are the Generally Accepted Accounting Principles (GAAP)?
The inspiration for the name of the club.
What is Black Box Wine?
A grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds.
What is a portfolio?
A program that allows investors to turn the money paid to stockholders into additional shares or fractional shares of the underlying stock.
What is a dividend reinvestment?
A marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.
What is an exchange traded fund or ETF?
This is an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to increase the money supply and encourage lending and investment.
What is quantitative easing?
Type of vote required to grant membership
What is a unanimous vote?