| A | B |
|---|
| Investing | A way to put money aside so that it will earn income |
| Liquidity | The measure of how quickly you can turn an investment into cash |
| Yield (Rate of Return) | The amount of money that an investment earns |
| Savings Plan | Putting money aside in a systematic way to help reach a financial goal. |
| Certificate of Deposit | Time deposit savings plan in which a certain sum of money remains in an institution for a specific period of time, earning interest |
| Simple Interest | Interest that is computed only on the amount saved. |
| Compound Interest | Interest computed on the amount saved plus the interest previously earned. |
| IRA - Individual Retirement Account | A tax-sheltered retirement plan that allows an investment of up to $2000 annually. |
| Regular Savings Account | A savings plan with a low or zero minimum balance & ability to make withdrawals at almost any time. |
| Savings Account Register | A record in which you record deposits, withdrawals, interest earned, & the balance of your savings account. |
| Withdrawal Slip | A written request to take money out of your account. |
| Money Market Account | A special account that pays a variable interest rate based on rates paid to holders of short-term government debt. |
| Saving | Putting money aside to earn interest so one might purchase something in the future |
| Commercial Bank | Financial institution that serves individuals and businesses with a wide variety of services |
| Dividend | A share of the companies profits |
| Savings & Loan Assoc. | Financial institution specialize in lending money to consumers to buy houses |
| Credit Union | Finacial institution that is non profit to serve its members who have a common bond |
| Bond | a written promise to pay a debt by a specified date |
| Savings Bond | US government bond issued for amounts of $50-$10,000 |
| Face Value | The amount that is printed on the bond |
