The income return on an investment. This refers to the interest or dividends received from a security and is usually expressed annually as a percentage based on the investment's cost, its current market value or its face value

The difference between the bid and the ask price of a security or asset.

A stock exchange on Wall Street in NYC, the largest equity exchange in the world.

A group of individuals that are elected as representatives of the shareholders to establish policies designed to maximize earnings

A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates.

The condition of the price of a bond that is lower than par. It equals the difference between the price paid for a security and the security's par value.

A resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefits.

A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

The right of a stockholder to vote on matters of corporate policy and who will make up the board of directors. This often involves decisions on issuing securities, initiating corporate actions and making substantial changes in the corporation's operations.

A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. They make interest payments semi-annually and the income that holders receive is only taxed at the federal level

A short-term debt obligation backed by the U.S. government with a maturity of less than one year. They are sold in denominations of $1,000 up to a maximum purchase of $5 million and commonly have maturities of one month (four weeks), three months (13 weeks) or six months (26 weeks).

The period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid with interest.

The total dollar market value of all of a company's outstanding shares. It is calculated by multiplying a company's shares outstanding by the current market price of one share.

The income return on an investment. This refers to the interest or dividends received from a security and is usually expressed annually as a percentage based on the investment's cost, its current market value or its face value.