Chapter 19.3; Saving and Investing
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Created by:
sdlastrapes on November 18, 2010
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13 terms
Terms | Definitions |
|---|---|
 There are a number of ways to save money. Putting a regular amount in a _______ can earn interest for the depositor. | savings account |
| Banks generally require a small minimum balance on this type of account | savings account |
| When people put a specific amount of money in a financial institution for a certain time period, they are investing in _____. | certificates of deposit (CDs) |
| _______ are certificates of deposit issued by the government. | bonds |
| The people employed by brokerage houses where stocks are bought and sold are known as ____. | brokers |
| Brokerage houses are members of a _______. | stock exchange |
| Many people buy _____ because they are less risky than regular stock purchases. | mutual funds |
| __________ are mutual funds that buy short-term bonds. | money market funds |
| ________ funds are not insured by the government. | money market |
| Saving money is not the same as investing money. Investing money involves earning __________. | interest |
| When you invest your money it is used for expansion in the _________. | U.S. economy |
| People want to feel that their money is safe in financial institutions, which is one reason why all banks must receive a ___________ from the state or federal government to operate. | charter |
| The ____ is the agency that the federal government established during the 1930's to regulate the stock exchange. | securities and exchange commission (SEC) |
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