| A | B |
|---|
| accounting clerk | clerk who processes financial transactions for an organization. |
| account summary | section of a bank statement that provides a quick overview of account activity |
| acquisition | act of one corporation acquiring another by purchasing its shares or by purchasing its assets. |
| annual fee | once-a-year fee that some credit cards charge. |
| annual percentage rate (APR) | yearly interest charge applied to outstanding credit card balances. |
| annuity | investment where money is exchanged for a series of equal payments over time, usually for retirement |
| asset | Any object of value, including cash, investments, property, and personal possessions |
| ATM (automated teller machine) | An unattended computerized machine that dispenses money when a personal coded card is used |
| bailout | A loan or offer of money to a business in order to save it from bankruptcy; a financial rescue |
| balance | remaining amount in a customer’s account that represents the amount the customer is able to withdraw. |
| barter | A type of trade in which goods and/or services are exchanged for other goods and/or services. No money is involved in the trade |
| blue chip stock | The stock of a financially sound company with a history of strong earnings and reliable dividends. |
| bond | A loan an investor makes to a government or corporation for a specified amount of time for the purpose of raising capital for the government or corporation. In return the investor receives the principal plus interest. |
| bookkeeper | A person responsible for keeping track of financial records or documents. |
| boutique investment firm | small investment firm that specializes in a limited number of services |
| budget | detailed plan to manage the spending and saving of money |
| business risk | The level of uncertainty of expected returns due to a business’s poor performance, adverse economic conditions, or other external factors. |
| capital | financial resources that are used to make money, which can take the form of equity or debt. |
| cash flow | The flow of money in and out of a business or a household over a period of time |
| certificate of deposit (CD) | A record of money deposited in a financial institution for a stated time period at a fixed interest rate. |
