| A | B |
|---|
| RESPs | A plan aimed at saving money for post-secondary education |
| Mutual Funds | A pool of funds from numerious investors |
| RRSPs | A plan aimed at saving funds for retirement |
| Stock | Sold by corporations and represents ownership |
| Capital loss | When you sell an asset at a price lower than you bought the asset |
| Dividend | The distribution of income to shareholders |
| Assets | The investment and saving options you own |
| Liquidity | The ease at which you can acquire your funds |
| TFSAs | Money can be withdrawn tax free |
| Tax sheltered | Sheltered plans in which interest grows tax free |
| GIC | Earns a fixed rate of interest and is 'locked-in' |
| Bond | Represents a promise to re-pay a loan |
| Interest | The money earned on saving options |
| Simple interest | I=PRT |
| Savings accounts | Earns interest and is very liquid |
