Econ quizez

To own multiple forms of stocks and bonds invested in different companies.

• Redlining

• Diversification

• Rule of 72

• Deficit

Not investing all your money in a single asset, but allocating it to a variety of assets.

• Emergency fund

• Dividend

• Endorse

• Do not put all your eggs in one basket.

A payment made by a company to its shareholder, usually as a distribution of its profits.

• Direct deposit

• Dividends

• Due date

• Face value

What an individual gives up to have something else.

• Pay sub

• Opportunity cost

• Paycheck

• Pay roll

The term investors and financial advisers use to tell the individual to put money in their savings account or investment accounts first then pay the bills... finally ending with the person's discretionary income.

• Payroll deduction

• Pension

• Pay yourself first

• Portfolio

The yearly equivalent of a rate of interest when the rate is usually quoted monthly. This applies to mortgages, loans and credit cards.

• Asset

• Barter

• APR

• 401K

Interest that continues to accumulate on both principal and interest causing money in an account to grow at a more rapid rate.  

• Compound interest

• Co-signer

• Credit limit

• Loan

 The earnings received on a balance of an account.

• IRS

• Late fee

• Investment

• Interest

The face value or starting balance of money.

• Property tax

• Principle

• Loanery

• Bankruptsy

Scientific calculated method for estimating an investment's doubling time.

• Saving account

• Secured loan

• Rule of 72

• SMART goals