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Vocabulary
Stocks
Terms
Savings
100
To spend more money than you actually have.
What is Living above your means?
100
An amount of money you would need to pay to trade that particular stock.
What is a Trade Fee?
100
An investment strategy that aims to balance risk.
What is an Asset allocation?
100
To have an extra backbone incase of an emergency, or to put money away for something in the future.
Why would you save money?
200
A set of guiding principles that informs and shapes an individual's investment decision-making process.
What is Financial philosophy?
200
An abreveation that stands for a stock.
What is a Stock symbol?
200
A written acknowledgment of a bank that it has received from the person named a specified sum of money as a deposit.
What is a CD?
300
A financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time.
What is a Balance sheet?
300
A stock is something you can invest in to make a potential profit.
What is a Stock?
300
One of the quarterly financial reports any publicly traded company is required to disclose to the SEC and the public.
What is Statement of Cash flow?
300
A tool that helps you keep track of how much money you’re spending and how much is being saved.
What is a Spending Journal?
400
Where you write down what you have done with your money, the deposits you have made, the purchases and withdrawals. It is also a record of whether you have used a check, credit card, and cash or shopped online recently.
What is a Transaction Register
400
A written, dated and signed instrument that contains an unconditional order from the drawer that directs a bank to pay a definite sum of money to a payee.
What is a Check?
400
A place where you have put money for emergercy bills, and or other expenses.
What is an Emergency Fund?
500
This endorsement names the next holder and requires their endorsement for further negotiation. Usual wording is "Pay to [the order of] TRANSFEREE NAME."
What is a Special Endorsement?
500
The degree of variability in investment returns that an individual is willing to withstand.
What is Risk tolerance?
500
In addition to holder's signature, includes a restriction on how the paper may be used by transferee.
What is a Restrictive Endorsement?
500
An amount of money you have to pay in order to stay living in your house or apartment.
What is a Mortgage?