Create an account
a certificate issued by a government or private company which promises to pay back with interest the money borrowed from the buyer of the certificate: The city issued bonds to raise money for putting in new sewers.
stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
growth and income fund
a mutual fund whose investment goal is to earn returns from dividends and capital gains
the act of introducing variety (especially in investments or in the variety of goods and services offered)
an increase in the number of outstanding shares of a corporation without changing the shareholders' equity
general obligation bond
a bond that is backed by the full faith and credit of the government that issued it
a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
a regulated investment company with a pool of assets that regularly sells and redeems its shares
blue chip stocks
high-priced common stocks that have been strong, profitable stocks for a long period of time.
a power of attorney document given by shareholders of a corporation authorizing a specific vote on their behalf at a corporate meeting
fund that buys stock in medium-sized companies that have experienced some growth and are still expanding; also called a mid-cap fund
rule of 72
The number of years it takes for a certain amount to double in value is equal to 72 divided by its annual rate of interest.
A stock trading under $5. They tend to very speculative and volatile and often end up worthless
Earnings Per Share
the amount of net income after federal income tax belonging to a single share of stock
a (speculative) bond with a credit rating of BB or lower, A type of mutual fund whose portfolio consists of income-producing wells
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