Create an account
certificate of deposit
document showing that an investor has made an interest-bearing loan to a financial institution
a stock or other document that represents a claim on the income and property of a borrower
network of savers, investors, and financial institutions working together to transfer savings for investment uses
*firm that makes loans directly to consumers and specializes in buying installment contracts from merchants who sell on credit
regular payment to someone who has worked a certain amount of years, reached a certain age, or has suffered an injury
*contract to repay borrowed money and interest on the borrowed money at regular future intervals
short term US gov obligation with a maturity of one year or less in denominations of $1000
Individual Retirement Account (IRA)
*retirement account in the form of a long term time deposit, with annual contributions not taxed until withdrawn during retirement
*market in which financial assets can be sold to someone other than the original issuer
Efficient Market Hypothesis
argument that stocks are always priced about right because they are closely watched
*company that sells stock in itself and uses the proceeds to buy stocks and bonds issued by other companies
net asset value
the market value of a mutual fund share found by dividing the net value of the fund by the number of shares issued
*tax deferred investment and savings plan that acts as a personal pension fund for employees
*electronic marketplace for securities not listed on organized exchanges such as the NYSE
Standard & Poor's 500
*measure of stock market performance based on 500 stocks traded on the NYSE, AMEX, and OTC market
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!Reload
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