Like this study set? Create a free account to save it.

Sign up for an account

Already have a Quizlet account? .

Create an account

Simple Interest

The amount of money paid or earned for the use of money

compound Interest

interest calculated on both the principal and the accrued interest

rate of return

The return on an investor's capital. Also called Yield. Expressed in a percentage


The chance that an investment's actual return will be different than expected.


being in cash or easily convertible to cash

EE Savings Bonds

Government investment which you put down in cash half the face value and wait for it to mature

Mutual Funds

a pool of money invested by a professional in a group of stocks.


Shares of ownership in a corporation.


a certificate issued by a government or private company which promises to pay back with interest


All of the investments, including stocks, bonds, mutual funds, options, and commodities, that are traded.

Real Estate

Land including all the natural resources and permanent buildings on it.

Retirement Plans

Company sponsored programs for providing retirees with income

individual Retirement Account

a self-funded retirement plan that allows you to contribute a limited yearly sum toward your retirement

Pay yourself first

taking a certain amount of all money you receive and saving it to be used for spending on longer-term goals

Saving Accounts

the amount of money you have in the bank that you receive interest on

Share accounts

The credit union term for a checking account

Check accounts

an account you can deposit and withdrew

Certificates of Deposit

you are loaning a bank money for a set period of time and getting interest in return.


the major party to a financial transaction at a stock exchange

Annual Percentage Rate

the total cost of credit expressed as a yearly percentage

Maturity Date

the date when a bond will be repaid

Direct deposit

An automatic deposit of a paycheck without having to take a physical check to the bank.

payroll deduction

Charges subtracted from your paycheck


a federally sponsored corporation that insures accounts in national banks and other qualified institutions


agency of many credit unions

Rule of 72

the amount of time it takes for money to double in value


something of value, a resource


A risk management technique that mixes a wide variety of investments within a portfolio

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions and try again


Reload the page to try again!


Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

Voice Recording