What is a savings account you can access quickly to pay for unexpected expenses or emergencies
What is Emergency fund?
100
money that a business gets from its owners in order to operate
What is equity capital
100
an investment in which investors pool their money to buy stocks, bonds, and other securities selected by professional managers who work for an investment company
What is mutual fund
100
profit from the sale of assets such as stocks, bonds, or real estate
What is capital gain
100
when you trade spending now for the ability to spend in the future
What is saving
200
a high-risk investment that might earn a large profit in a short time
What is speculative investment?
200
a unit of ownership of a company that entitles the owner, or stockholder, to voting privileges
What is common stock
200
a specialist who is trained to offer specific financial help and advice
What is financial planner
200
the sale of an investment for less than its purchase price
What is capital loss
200
a financial institution that serves individuals and businesses with a wide variety of services
What is a bank
300
distributions of money, stock, or other property that a corporation pays to stockholders
What is dividends
300
a type of stock that gives the owner the advantage of receiving cash dividends before common stockholders receive cash dividends
What is preferred stock
300
the process of spreading your assets among several different types of investments to reduce risk
What is diversification
300
a document that discloses information about a company's earnings, assets and liabilities, its products or services, a particular stock, and the qualifications of its management
What is prospectus
300
financial institutions owned by their depositors
What is a savings bank
400
profits that a company reinvests investment
What is retained earnings
400
a corporation's written pledge to repay a specific amount of money, along with interest
What is corporate bond
400
income that is not taxed
What is tax-exempt income
400
a deposit for which the interest rate changes over time
What is a money market account
400
one in which you can deposit money, earn interest on your deposits, and withdraw your money at any time
What is a saving account
500
the ability to buy or sell an investment quickly without substantially reducing its value
What is liquidity
500
the written pledge of the government or a municipality, such as a city, to repay a specific sum of money with interest
What is government bond
500
income that is taxed at a later date
What is tax-deferred income
500
a written promise to pay a debt by a specified date
What is a bond
500
a deposit in a savings institution that earns a fixed interest rate for a specified period of time; you may not withdraw you money during the specified time period without paying a substantial penalty