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20 Cards in this Set
- Front
- Back
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fee investors pay when selling an investment like a mutual fund or annuity
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Back-end load
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Savings account within an insurance company
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Annuity
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Bond issued by a corporation and sold to investors. High risk and high interest rate
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Corporate bonds
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ownership in a company based on number of shares owned. get money from corporation depending on how well it is doing
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Stocks
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Stock exchange member that maintains the inventory and stands ready to sell or buy shares in order to maintain an orderly market
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Specialist
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A sales charge paid when an individual buys an investment, such as a mutual fund,or an annuity. the first payment is made by an investor, so the total initial payment is higher than the later payments
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Front-end load
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Amount of money an investment earns. Expressed as percent.
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Rate of return
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A debt instrument issued for a period of more than one year with the purpose of raising capital by borrowing.
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Bonds
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Shows ownership in a company
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Stock certificate
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certificate of deposit- savings certificate entitling the bearer to receive interest, bears a maturity date, fixed interest rate, and issued by commercial banks
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CD
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Issued by a state or county to finance its capital expenditures. Exempt from federal taxes.
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Municipal Bonds
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The speed and ease at which an investment can be converted to cash
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Liquidity
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Even if you do receive future money on schedule,it will have lost some of its buying pwoer because of increasing prices
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Inflation
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short-term debt obligation backed by US government with maturity of less than 1 year. Sold in denominations of $1000-$5 mil. Maturities of usually 1,3,or 6 months
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Treasury bills
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Real estate that generates income or intended for investment. Tax implications are different than residential real estate.
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Real estate
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An open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets. mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public.
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Mutual fund
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Marketable debt security with fixed interest and maturity of 1-10 years. Bought through government or bank
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Treasury notes
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Marketable, fixed-interest debt security with maturity of 10+ years. Make semi-annual interest payments and only taxed at federal level
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Treasury bonds
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A registered, non-callable, non-transferable bond issued by the U.S. Government, and backed by its full faith and credit. non-marketable, meaning that they cannot be bought and sold after they are purchased from the government. Fixed rate of insurance over period of time
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US savings bond
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typically mutual funds, are purchased in fixed dollar amounts at regular intervals.
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Dollar cost averaging
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