is income that results from selling an asset for more than the purchase price

is a loss of money that occurs when the selling price of an investment is less than the purchase price

a share in the ownership of a corporation

a portion of a company's earnings that is paid to stock-holders

stock that has voting rights and receives dividends declared by the company

a type of stock that pays a regular dividend at a fixed rate

the purchase or sale of shares of a stock

a secondary market where securities are bought and sold through stockbrokers

an agent who executes stock trades for clients

a certificate of debt issued by a corporation or government

an investment created by pooling the money of many people and investing it in a collection of securities

an extended period of consumer confidence and optimism when stock prices rise

an extended period of uncertainty and pessimism when stock prices fall

well-known, employer-sponsored retirement plan, which is funded with your own before tax-salary contributions and often with matched contributions from your employer

type of retirement plan available to employees of nonprofit organizations- such as public schools, hospitals, colleges, and public libraries; money grows tax free until withdrawals are made

an individual retirement account that allows individuals to contribute pre-tax income to investments that grow tax deferred

an individual retirement account in which individuals contribute after-tax income and qualified withdrawals are not taxed

a contract with an insurance company that provides regular income for a set period of time, usually for life

consists of the assets and liabilities a person leaves when he or she dies

a legal document stating a person's wishes for his or her estate after death

a statement of instructions for specific medical treatment if a person becomes unable to make medical decisions

an arrangement through which a person transfers assets to a trustee, who then oversees and manages the assets on behalf of beneficiaries

a person appointed to carry out the terms outlined in a will

a person or institution named to manage assets on behalf of the beneficiaries