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100
Savings Account
What is a bank account that earns interest
100
expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.
What is a investment?
100
the act of introducing variety (especially in investments or in the variety of goods and services offered);
What is diversification?
100
interest calculated on both the principal and the accrued interest
What is compound interest?
200
A house, in emergency, big investments, ect.
What is a reason you would need a savings account?
200
an investment program funded by shareholders that trades in diversified holdings and is professionally managed
What is a mutual fund?
200
the value of the shares issued by a company.
What is equity?
200
a profit from an investment
What is a return?
300
Something that earns intrest over a long period of time.
What is a bond?
300
the state, fact, or period of being matured account
What is when a bank acount is fully matured?
300
interest paid on the principal alone
What is simple interest?
300
is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information
What is investment fraud?
400
a bond issued by the government and sold to the general public
What is a savings bond?
400
To calculate the number of years it will take to double money while earning compound interest, divide the interest rate into 72.
What is the rule of 72?
400
the financial ability to buy products and services
what does it mean when you have purchasing power?
400
Annual percentage yield
What is APY?
500
it is a ownership of a certain corporation
What is stocks?
500
is a United States federal law that was passed on December 19, 1991. It was part of the larger Federal Deposit Insurance Corporation Improvement Act of 1991
What is truth in savings act?
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