Investing
a financial market that trades shares of ownership of public companies
What is a stock market?
Money borrowed to pay for college that must be repaid to the lender. You definitely don't want to use these.
What are student loans?
A person or organization that uses a product or service.
An expense that remains the same from month to month (rent, car payment, etc.)
What is a fixed expense?
A qualified retirement savings plan offered to employees who contribute money from their gross pay.
What is a 401(k)?
When prices in a financial market are on the rise.
What is a bull market?
Financial aid that does not need to be repaid. It's usually awarded based on achievements.
What is a scholarship?
Financial debts or obligations.
What are liabilities?
An expense that occurs every month but varies in dollar amount from month to month (electric bill, groceries, etc.)
What is a variable expense?
A tax-advantaged retirement investment account that allows for tax-free withdrawals after the age of 59 and a half.
What is a Roth IRA?
A list of your investments.
What is a portfolio?
This type of financial aid is usually awarded based on need and does not have to be repaid.
What is a grant?
The cost of goods or services, money paid out.
What is an expense?
Spending more than you earn. The U.S. government is guilty of this.
What is deficit spending?
When prices in the stock marked experience a prolonged decline.
What is a bear market?
The practice of dividing money a person invests among different types of investments in order to lower risk.
What is diversification?
A program that allows students to work part time while continuing their studies.
What is work-study?
A written plan for giving, saving, and spending.
What is a budget?
Money owed to another person or company.
What is debt?
An investment fund traded on a stock market exchange that generally mirrors a market index and is passively managed.
What is an ETF (Exchange-Traded Fund)?
A description of the strategy used by a mutual fund management company to invest your money.
What is prospectus?
The federal application required to receive financial aid.
What is the FAFSA?
The additional cost a lender charges for borrowing their money.
What is interest?
The portion of an employee's pay held back to cover taxes and other deductions.
What are withholdings?
A tax-advantaged retirement investment account that allows for pre-tax contributions, but requires you to pay tax on withdrawals during retirement.
What is an IRA or Traditional IRA?