Make your own free website on Tripod.com
Consumer Economics
unit 2 vocab list 1
Home | overview | final exam review | Unit 1 Economic Thinking | Unit 2 Investments | Unit 3 personal finance | Unit 4 Demand/Supply

Enter subhead content here

Unit 2 vocabulary

 

Passbook Savings: Low interest savings account very liquid and safe if insured.     

 

Certificate of Deposit: A savings account that gives you a fixed rate of return higher than a passbook savings, but you must remain locked in for a fixed period of time.

 

Money Market: Insured deposits with limited number of checks and withdrawals allowing bank to use your money as a short term loan.

 

Pension and Retirement Funds: Tax deferred retirement accounts

401(k) 403 (b) IRA’s

 

Corporate Stock: Ownership in this type of security allows you a voice in corporate decision making by voting.

 

Corporate Bonds: You are not buying into a company you are lending them money, you  can receive dividends.

 

Mutual Funds: Diversifies your stock investments with some possible fees and expenses

 

U.S. Savings Bonds: Loans to the U.S. Government

 

Bonds: Loans in which interest is paid at intervals, the principal is paid at end of loan period.

 

Bond Ratings: The high the rating AAA the lower the interest rate and risk.

 

Common Stocks: Ownership in this type of security allows you a voice in corporate decision making by voting.

 

Preferred Stocks: Non voting ownership in a company and preference when paying dividends or if corp. goes bankrupt.   

 

NYSE

 

AMEX

 

NASDAQ

 

OTC

Enter supporting content here