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Consumer, Ch 14 Vocabulary

Vocabulary Words for Chapter 14, Managing Money.

AB
Liquidityability to withdraw funds from a savings account
APRamount of money earned if left deposited in a savings account for 1 year
Certificate of Deposita certificate stating that a person has made a deposit for a fixed period of time at a fixed interst rate
Common Stocka share in the owenersip of a corporation
Diversifyto purchase stock in several companies to reduce the ris of loss
Real Estatetype of investment that includes land and the buildings on it
Mutual funda special fund in which people pool their money to buy a variety of investments
Stock Marketactivity of buying and selling stocks
NYSElargest stock exchange in the world
Stockbrokerone who is licensed to buy and sell stocks
DIJAa measure of stock market performance
Bearish Investorbuy stock cautiously
Bullish Investorcharge ahead, risk takers, put lots of money into the stock market
capacityability to pay back a loan
capitalsavings and assets used to gain credit
characterhow trustworthy a person seems to a lender
Principalthe amount of money borrowed
credita loan of money to be paid back over a period of time
Finance Chargethe interest, service charges, and other fees charged on borrowed money
Collateralsomething of value that is offered as a guarantee of repayment
Debit Carda card used as payment like a credit card, but the money comes from a person's checking account
ATMan electronic terminal where customers can do their banking


Miss Jensen

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