Stocks
These represent ownership in a company.
What are stocks?
A loan you make to a company or government.
What is a bond?
A savings account that holds a fixed amount of money for a fixed period of time.
What is a Certificate of Deposit or CD?
A safe place to store money and earn interest.
What is a savings account?
An investment vehicle that pools money from multiple investors to invest in a diversified portfolio of securities.
What is a mutual fund?
This market is where stocks are bought and sold.
What is the stock market?
The interest rate paid on a bond.
What is the coupon rate?
Withdrawing money from a CD before its maturity date often results in this.
What is a penalty?
The amount earned on the principal in a savings account.
What is interest?
A professional who manages a mutual fund.
What is a fund manager?
A collection of stocks owned by an individual or entity.
What is a portfolio?
Bonds issued by companies are called this.
What are corporate bonds?
CD generally offer a higher interest rate compared to this type of account.
What is a regular savings account?
This types of savings account typically offers a higher interest rate but may require a minimum balance.
What is a money market account?
The cost of owning a mutual fund, expressed as a percentage.
What is the expense ratio?
This is the term for a stock's value increasing.
What is appreciation?
This type of bond is considered low-risk and is backed by the government.
What are treasury bonds?
The length of time you agree to keep your money in a CD.
What is the term?
The ease with which you can access your money in a savings account.
What is liquidity?
This type of mutual fund invests in companies with high growth potential.
What is a growth fund?
This type of stock pays regular dividends and typically offers more stable prices.
What are blue-chip stocks?
A bond's maturity date represents this.
What is the date the principal is repaid?
This type of CD offers an interest rate that adjusts periodically.
What is a variable rate CD?
This acronym represents the way interest is calculated and added to your principal.
What is APY (Annual Percentage Yield)?
This document provides details about a mutual fund's investments, strategy, and fees.
What is a prospectus?