Stocks
the type of company that sells stock in stock market exchanges
what is a corporation?
this word refers to the possibility that a situation might be unpleasant or unwanted
what is risk?
this man is the owner of Amazon, and is currently the wealthiest man in the world.
who is Jeff Bezos?
this type of company is the easiest to form, and gives the most personal freedom to the founder
what is a proprietorship?
which type of insurance is used when you go to the doctor and get a prescription?
what is health insurance?
someone who holds stock in a company is known by this title
what is a shareholder?
assets-liabilities yields this term, also known as equity
what is net worth?
this entrepreneur owns Tesla, Space X, and is famous for many of his viral tweets
who is Elon Musk?
this type of business involves two or more founders, and has the second most personal freedom
what is a partnership?
this means to take money out of your account, and is done frequently at ATMs
what is withdraw?
this term refers to buying stocks in many different companies rather than just one or a few
what is diversification?
this term refers to benefits offered to either encourage or discourage a certain activity
what are incentives?
this man is famous for his extensive knowledge of investing, running Berkshire Hathaway, and at one point (in 2008) being the richest man in the world
who is Warren Buffet?
this type of business is owned and operated by the same people who use and benefit from the products and services offered
what is a cooperative?
this is a professionally managed portfolio made of stocks, bonds, and other investments
what is a mutual fund?
the largest stock exchange in the world
what is the New York Stock Exchange (NYSE)
this term refers to the profits that a corporation pays to its stockholders
what are dividends?
this man famously ran a Ponzi scheme and was sentenced to 150 years in prison
who is Bernie Madoff?
this type of business has many shareholders who own stock in the company
what is a corporation?
this is the most liquid form of money
what is cash?
the most expensive stock in the world is sold by this company
what is Berkshire Hathaway?
this term means a general and progressive increase in prices and the falling in value of money
what is inflation?
this man and former mayor of NYC famously ran for president in 2020 where he spent over 500 million dollars of his own money on his campaign
who is Michael Bloomberg?
this type of business has very high start-up costs, but the owner is provided with lots of assistance
what is a franchise?
this type of banking account reduces the need for carrying large sums of cash
what is a checking account?