Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
9 Cards in this Set
- Front
- Back
investment
|
the act of redirecting resources from being consumed today so that they may create benefits in the future; the use of assets to earn income or profit.
|
|
financial system
|
the system that allows the transfer of money between savers and borrowers.
|
|
financial asset
|
claim on the property or income of a borrower.
|
|
financial intermediary
|
institution that helps channel funds from savers to borrowers
|
|
mutual fund
|
a find that pools the savings of many individuals and invests that money in a variety of stocks, bonds and other financial assets.
|
|
diversification
|
spreading out investments to reduce risks
|
|
portfolio
|
a collection of financial assets
|
|
prospectus
|
an investment report to potential investors
|
|
return
|
the money an investor receives above and beyond the sum of money initially invested
|