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18 Cards in this Set
- Front
- Back
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growth fund
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a mutual fund whose investment goal is to buy stocks that will increase in value over time.
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income fund
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a mutual fund whose investment goal is to buy bonds that produce current income in the form of interest
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growth and income fund
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a mutual fund whose investment goal is to return from both dividends and capital gains
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balanced fund
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invests in a safe, liquid securities, such as treasury bills and bonds that mature in three weeks to six months
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money market fund
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invests in a safe, liquid securities, such as treasury bills and bonds that mature in three weeks to six months
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index fund
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a mutual fund that tries to match the performance of particular index by investing in the companies included in the standard and poors 500 or the dow jones industrial average
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prospectus
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a legal document that offers securities or mutual fund shares for sale
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front end load
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a sales charge paid when you buy an investment
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back end load
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a sales charge paid when you sell an investment
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no load fund
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can be bought directly from investment companies and does not charge a sales fee when you buy
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real estate
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land and any buildings on it
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duplex
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a building with two seperate living quarters
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condominium
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an individually owned unit in an apartment style complex with shared ownership of common areas
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real estate investment trust
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a corporation that pools the money of many individuals to invest in real estate
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participation certificate
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an investment in a pool of mortages that have been purchased by a government agency
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mortgage
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a loan to purchase real estate
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depreciation
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a decline in the value of property due to normal wear and tear
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global fund
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mutual fund that purchases international stocks and bonds as well U.S securities.
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