Savings & Investment

A collection of stocks or bonds of various corporations.

• Mutual Funds

• Savings Account

• Opportunity Cost

• Stock

The next best alternative given up when making a financial choice.

• Mutual Funds

• Savings Account

• Opportunity Cost

• Stock

The amount of money originally invested.

• Risk

• Principal

• Stock

• Bond

An IOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that will be repaid with a set rate of return.

• Risk

• Principal

• Stock

• Bond

A business that provides money-related services.

• Invest

• Principal

• PYF

• Financial Institution

A fee received or paid for the use of money.

• Interest

• Principal

• PYF

• Invest

To commit money to gain a profit or earn interest.

• Interest

• Principal

• PYF

• Invest

To automatically save a specified amount from a paycheck for future use.

• Interest

• Principal

• PYF

• Invest

The possibility of financial loss or physical harm.

• Opportunity Cost

• Risk

• PYF

• Invest

An interest-bearing account where people put money for future use. It has low risk and you can take your funds anytime without penalty, but it pays low interest.

• Money Market

• Bond

• Savings Account

• Stock