The purchase of goods ad services

when you complete a task yourself rather than paying someone else

cash set aside to cover the cost of unexpected events

price paid for using someone else money

percentage rate used to calculate interest

how quickly and easily assets can be accessed and converted into cash

the value of the next best alternative that must be forgone as a result of a decision

saving for the future by putting money aside before paying regular monthly bills or using income for discretionary purchases

the original amount of money saved or invested

accumulation of excess funds by intentionally spending less than you earn

portion of income not spent on consumption

money available at the present time is worth more than the same amount if received in the future

giving up one thing for another

an account at a depository institution that is used for a fixed period of time and allows restricted access to the funds deposited

an account that allows quick access to funds for transactions

businesses that provide financial services

a account at a depository institution that usually has minimum balance requirements and tiered interest rates

an account at a depository institution that usually has minimum balance requirements and tiered interest rates

accounts offered by depository institutions whose main purpose is to help people manage their money

the amount of interest earned depends on the account balance

a form of lending to a company or the government (city, state, or federal)

facilitates the buying and selling of investments from a stock exchange

unearned income received from the sale of an asset above its purchase price

only completes orders to buy an sell investments

only completes orders to buy and sell investments

the share of profits distributed in cash

a trained professional that helps people make investing decisions

offer investment transactions as well as investment advice and a financial advisor

a group of similar stocks and bonds

a mutual fund that was designed to reduce fees by investing in the stocks and bonds that make up an index

the rise in the general level of prices

the danger that money won't be worth as much in the future as it is today

assets purchased with the goal of providing additional income from the asset itself but with the risk of loss

an individual's general approach to investment risk

the possibility that an investment will fail to pay the expected return or fail to pay a return at all

the current price that a buyer is willing to pay

a specified time in the future when the principal (or initial investment) amount of the bond is repaid to the bondholder

created when a company combines the funds of many different investors and then invests that money in a diversified portfolio of investments

reduces risk by spreading money among a wide array of investments

the total return on an investment expressed as a percentage of the amount of money saved

a fee charged for the use of property or land

the profit or income generated by saving and investing

the chance of loss from an event that cannot be entirely controlled

have the potential for significant fluctuations in return over a short period of time

a share or ownership in a company

the owner of a stock

an organized, central service to buy and sell stocks, bonds and other investments that are traded

reduce, defer, or adjust the current year tax liability