| A | B |
| Free of tax considerations | Tax Exempt |
| Investment instruments such as stocks and bonds | Securities |
| where individuals "pool" investment money | Mutual Fund |
| ownership interest in a company | Stock |
| can easily be converted into cash | liquid |
| spreading investment money among different instruments and industries | diversification |
| legal document describing an investment offered for sale | prospectus |
| amount gained or lost from an investment | the return |
| an increase in the basic value of an investment | appreciation |
| certificate representing a loan | bond |
| a mutual fund which has no up-fron or back-end fee | No-load |
| degree of uncertainty of return on an asset; in business, the likelihood of loss or reduced profit | Risk |