| A | B |
|---|
| SAVINGS | STORAGE OF MONEY FOR FUTURE USE |
| INVESTING | USING YOUR SAVINGS TO EARN MORE MONEY |
| CURRENT INCOME | MONEY NEEDED FO CURRENT LIVING EXPENSES I.E. SAVINGS ACCOUNT |
| LONG-TERM GROWTH | INVESTMENT FOR GROWTH OVER A LONG TERM SUCH AS STOCKS AND CD'S |
| INTEREST | MONEY RECEIVED FOR LETTER OTHERS USE YOUR MONEY |
| COMPOUND INTEREST | COMPUTED ON SAVINGS AND INTEREST |
| SIMPLE INTEREST | COMPUTED ON PRINCIPAL ONLY |
| CERTIFICATE OF DEPOSIT | EARN HIGHER INTEREST AND REQUIRES MINIMUM DEPOSIT AMOUNTS; USUALLY AT LEAST 100; PENALTY FOR EARLY WITHDRAWAL |
| MONEY MARKET ACCOUNT | PAYS VARIABLE INTEREST RATE BASED ON GOVT AND CORPORATE SECURITIES |
| SECURITIES | GENERAL NAME FOR STOCKS, BONDS AND MUTUAL FUNDS |
| MUTUAL FUNDS | USING AN INVESTMENT COMPANY TO BUY SHARES IN SEVERAL COMPANIES REDUCING RISK |
| BONDS | LENDING MONEY FOR BUSINESS AND GOVT. YOU ARE LENDING |
| REAL ESTATE | LAND AND ANYTHING ATTACHED TO IT |
| COMMODITIES | GRAIN, LIVESTOCK, PRECIOUS METALS, CURRENCY AND FINANCIAL INSTRUMENTS |
| COLLECTIBLES | ANCIENT COINS, WORKS OF ART ETC. |
| LIQUIDITY | THE EASE OF CONVERTING SOMETHING INTO CASH |
| YIELD | PERCENTAGE OF MONEY EARNED ON YOUR SAVINGS |
| STOCKHOLDER | ONE WHO BUYS SHARES OF STOCK IN A CORP. |
| STOCK CERTIFICATE | SHOWS OWNERSHIP |
| DIVIDENDS | PROFITS/SOME ARE DISTRIBUTED TO STOCK OWNERS |
| COMMON STOCK | VOTING RIGHTS/MAY OR MAY NOT RECEIVE DIVIDENDS QUARTERLY DEPENDING ON HOW COMPANY IS DOING |
| PREFERRED STOCK | GET DIVIDENDS FIRST BUT ONLY AT A SET RATE/NO VOTING RIGHTS |
| STOCKBROKERS | LICENSED SPECIALIST IN BUYING AND SELLING STOCKS |
| STOCK EXCHANGE | BUSINESS ORGANIZATION THAT FACILITATES STOCK EXCHANGE |
| MARKET VALUE | PRICE AT WHICH SOMETHING CAN BE BOUGHT AND SOLD AT THIS TIME |
| NASDAQ | NATIONAL ASSOCIATION OF SECURITY DEALERS AUTOMATED QUOTATIONS; STOCKS CAN BE BOUGHT AND SOLD VIA PHONE OR INTERNETS |
| BOND | CERTIFICATE PROMISING TO PAY A DEFINITE AMOUNT OF MONEY AT A STATED INTEREST RATE ON A FIXED DATE |
| MATURITY DATE | FIXED DATE FOR PAYMENT OF A BOND |
| FACE VALUE | MATURITY VALUE OF A BOND |
| MUTUAL FUND | INVESTMENT FUND SET UP AND MANAGED BY COMPANIES THAT RECEIVE MONEY FROM MANY INVESTORS |
| MORTGAGE | LEGAL DOCUMENT GIVING LENDER A CLAIM AGAINST PROPERTY IF PRINCIPAL, AND INTEREST ARE NOT PAID |
| FIXED-RATE MORTGAGE | WHEN INTEREST RATE IS SET AT TIME LOAN IS MAGE |
| ARM | ADJUSTBABLE-RATE MORTGAGE/WHEN RATE FLUCTUATES DEPENDING ON THE ECONOMY |
| CONDOMINIUMS | INDIVIDUALLY OWNED HOUSING UNIT IN AN APARTMENT-LIKE COMPLEX/CONDO |
| UPKEEP | MAINTAINING YOUR PROPERTY IN GOOD CONDITION |
| SPECULATIVE INVESMENT | HIGH RISK SUCH AS COMMODITIES/SOME DEPENDENT ON WEATHER |
| COLLECTIBLES | ITEMS OF PERSONAL INTEREST TO COLLECTORS THAT CAN INCREASE IN VALUE |
