Financial Vocab Flashcard

Front

Identifying a person’s financial goals, needs, and activities related to earning, saving, investing, insurance, and debt management.

Back

Financial Planning

Front

Interest on principal + previously earned interest.

Back

Compound Interest

Front

People expecting financial returns from investments.

Back

Investors

Front

Investment tool pooling money from many investors to buy stocks, bonds, and other securities.

Back

Mutual Funds

Front

"Don't put all your eggs in one basket."

Back

Diversification

Front

Definition: Something that makes you money.

Back

Asset

Front

Definition: Costs you money.

Back

Liability

Front

Investment representing ownership in a company.

Back

Stock

Front

A debt security, like a loan, similar to an 'IOU'.

Back

Bond

Front

Employer-offered retirement plan.

Back

401k