Upgrade to remove ads
Economics Ch.6 Financial Literacy
Economics Ch.6 FBHS Financial Literacy
Terms in this set (30)
A share of ownership in a corporation.
A formal contract to repay borrowed money with interest at fixed intervals.
The action or process of investing money for profit or material result.
Fund that pools the savings of many individuals and invests this money in a variety of stocks, bonds, and other financial assets.
The difference between a higher selling price and a lower purchase price, resulting in a financial gain for the seller
The sale of an investment for less than its purchase price.
A period of increased stock trading and rising stock prices.
A steady drop in the stock market over a period of time.
S&P 500 Index
An indicator of overall stock market performance based on the average stock prices of 500 top U.S. companies, compiled by Standard & Poor's
An index based on the stock prices of over 5,000 companies traded on the NASDAQ Stock Market. The NASDAQ market takes its name from the National Association of Securities Dealers Automated Quotation System.
Spreading out investments to reduce risk.
Company's share profits to the shareholders based on the corporation's performance.
A stock that pays higher-than-average dividends compared to other stock issues
A stock from a company which has a consistent record of relatively rapid growth and earnings in all economic conditions.
The division of each single share of a company's stock into more than one share.
A place where shares in a company or business enterprise are bought and sold.
Dow Jones Industrial Average
A measure based on the prices of the stocks of 30 large companies, widely used as a barometer of the stock market's health
Money that has value because the government has ordered that it is an acceptable means to pay debts
The Gold Standard
A monetary system in which paper money and coins are equal to the value of a certain amount of gold.
Federal Reserve System
The country's central banking system, which is responsible for the nation's monetary policy by regulating the supply of money and interest rates
A general increase in prices and fall in the purchasing value of money.
The ease with which an asset can be converted into the economy's medium of exchange
FDIC (Federal Deposit Insurance Corporation)
The government agency that insures customers' deposits if a bank fails
A loan to purchase a home or other real estate
PMI (Private Mortgage Insurance)
Insurance that protects the lender in case the borrower defaults and is unable to repay the loan. Generally a borrower must pay PMI if their equity is less than 20% of the home's value.
ETF (exchange traded fund)
A marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.
The interest rate that a bond issuer will pay to a bondholder.
The time at which payment to a bondholder is due.
The amount that an investor pays to purchase a bond and that will be repaid to the investor at maturity
"The Oracle of Omaha" 3rd wealthiest person in the worlds. Pledged 99% of wealth to charity. 20 years to build a reputation & 5 minutes to ruin it. CEO of Berkshire Hathaway.
OTHER SETS BY THIS CREATOR
Economics Ch.1 - 4 +Literacy
Government Ch.1 - 6
Economics Ch.1 - 3 +Literacy
Government Ch.1 - 5