Saving Money
Savings Plans
Stocks and Bonds
Vocabulary
Think Ctritically
100
Setting aside some of your income so you can use it later
What is savings
100
A plan to save money
What is a savings plan
100
Savings accounts, money market accounts, and CD
What are useful ways to save money
100
The money deposited into a savings account
What is principal
100
Which CD earns a higher interest rate, a short term or long term
What is long term
200
Can be used to pay bills or make purchases
What are checks
200
A certificate of deposit
What is a CD
200
Another word for the profit earned by an investor
What is return
200
Interest bearing certificate of agreement between a borrower and a lender
What is a bond
200
What are the most common lengths of time for a bond
What is 5,10, and 20 years
300
Issued by your bank and works like a credit card
What is a debit card
300
The time at which a CD is due for payment
What is maturity
300
Why do companies sell bonds
What is to raise money
300
A share of a company owned by an investor
What is stock
300
Which type of account is more flexible, a checking account or a CD
What is a checking account
400
Pay bills online
What is electronic banking
400
Fee for early withdrawal of funds
What is a penalty
400
A person who owns stock
What is a shareholder
400
A portion of a companies earnings paid to shareholders
What is a dividend
400
The government and individuals keep track of
What is stocks, bonds, and mutual funds
500
If someone uses your debit card to charge $500 without your approval, how much are you liable for?
What is $500
500
This account pays more interest than a savings account
What is a money market account
500
Two most common measuring indexes
What is the Dow Jones Industrial Average and the Standard & Poors 500
500
An investment company that buys stocks and bonds for its investors
What is a mutual fund
500
If you deposited $100 and earned 10% simple interest, how much money would you have in one year
What is $110.00
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