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Finance Park Unit One Vocabulary

AB
Financial InstitutionOrganization that collects funds from the public to place in financial assests like stocks, money market, bank deposits
ATM Cardallows use of basic financial services from an automated teller machine
Debit Cardlooks like a credit card, works like cash or check
Debitamount deducted from bank account
Creditfinancial trust extended to a person or business by a lender; a loan
Credit Cardcard authorizing the holder to buy goods or services
Interestpayment for the cost of using someone else's money
Opportunity Costnext best alternative given up when making a choice
Savings Accountinterest bearing financial institution accounts where people put money aside for the future
Investcommit money in order to gain profit or interest
Stockshare of a corporation sold to the public
Mutual Fundbusiness that pools people's money for investment in stocks or bonds of various corporations
Rate of Returninvestment's percentage change, factoring in dividends, capital gains, and reinvestment of distributions


Business Education Teacher
Bullen Middle School
Kenosha, WI

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