FinLit Kids session 3

A form of cryptocurrency that is less volatile as it is either pegged to a currency, commodity or an algorithm regulates its supply

• Block chain based coins

• Stable coins

• Cryptocurrency

• Safe coins

a business that has only one owner and bears all the Profits along side with financial and legal risk

• General proprietorship

• Close Corporation

• Sole proprietorship

• One person Corporation

When starting a cooperative between farmers what business form should you choose

• Close Corporation

• General Partnership

• Limited Partnership

• Non-Stock Corporation

What are securities

• Secure investments that have collateral

• Protection for financial assets or persons of high importance

• Financial instruments that have certain value and can be traded to the stock market or in private

• Investments in general

A piece of ownership in a business that regularly gives out dividends

• Preference shares

• Shareholder

• Stocks

• Bonds

many investors pulling their investment together for it to be actively invested in a number of companies

• Index fund

• Mutual Funds

• Electronically Traded Fund

• Financial advisor

The right to buy or sell an asset

• Derivative

• Call options

• Put options

• Options

Represent a financial obligation to pay that corporations issue

• Debt

• Credit

• Loans

• Bonds

Lump sum given to an insurance company in return for stable returns

• Annuities

• Pension

• Derivatives

• Return

What is futures contract useful for

• Investor can bet if the price of a commodity rises

• Investors can use futures to predict prices

• Producers of commodity can avoid the risk of changing price

• Producers and buyers can now much more easily transact