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Unit 1B
NYSE, Shareholder etc.
50
Other
9th Grade
06/09/2009

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Cards

Term
NYSE
Definition
Stock market in New York
Term
Shareholder
Definition
-Someone who owns stocks
-Owns a share of a company
Term
Dow Jones Average
Definition
-Measures stock market
-Sample of stock prices
-Just because the Dow Jones went up doesn't necessarily mean the stock that you own did
Term
Median
Definition
The middle income (not average)
Term
Bond
Definition
A loan for X amount of years
Term
CD
Definition
-Certificate of deposit
-Fixed term investment (fixed interest, fixed time)
Term
Risk
Definition
What is the chance you will loose money?
Term
Access
Definition
Can you get the money when you want it?
Term
Return
Definition
How much profit/interest are you going to (maybe) make?
Term
Buy Low Sell High
Definition
Sell share for more then you bought it for
Term
Diversity
Definition
Invest in many different places, so if one investment fails you won't loose all of your money
Term
Face Value
Definition
How much a bond is worth when it matures
Term
Wallstreet
Definition
Location on NYSE
Term
Fixed Term
Definition
A fixed amount of time that your money is kept somewhere
Term
Blue Chip Stocks
Definition
Established big businesses (prices tend not to change by a lot)
Term
Corporate Bond
Definition
-A company bond
-More interest, more risk
-Interest about 7%
-Won't get money back if they go bankrupt
Term
NASDAQ
Definition
-Online stock market
-Internet stock exchange
Term
FDIC
Definition
Federal Government (Insures banks up to $100,000
Term
Majority Shareholder
Definition
Someone who owns the majority of stocks for one company
Term
Bull Market
Definition
Stock value going up
Term
US Savings Bond
Definition
Government bond
Term
Mutual Funds
Definition
Company which invests in stocks, people buy parts of the company
Term
Interest Rate
Definition
Annual % profit (return) on a loan
Term
Bear Market
Definition
Stock going down
Term
Stockbroker
Definition
A person who buys and sells stocks for other people
Term
Invest
Definition
Place your money somewhere where it will be used to create more wealth
Term
Dividend
Definition
Profit from company given to stockholders
Term
Compound Interest
Definition
You get interest on your interest
Term
Subprime Loan
Definition
Less than ideal loans, very risky
Term
Risk of Savings Account
Definition
Not very high, insured up to $100,000 by FDIC
Term
Access to Savings Account
Definition
Good, can take out money any time
Term
Return for Savings Account
Definition
Very little 0-3%
Term
Major Benefit of Savings Accounts
Definition
-No risk
-Insured
-Great Access
Term
Major Weakness of Savings Account
Definition
Very small return
Term
Risk of CD
Definition
Not very high
Term
Access to CD
Definition
Not good, pay a fine if withdraw money early
Term
Return of CD
Definition
Better than a bank
Term
Major Benefit of CD
Definition
Great Return
Term
Major Weakness of CD
Definition
You can't get at your money until the fixed date without paying a fine
Term
Risk of Cookie Jar/Mattress
Definition
Fairly high, depends on self control
Term
Access to Cookie Jar/Mattress
Definition
Great
Term
Return of Cookie Jar/Mattress
Definition
None
Term
Major Benefit of Cookie Jar/Mattress
Definition
You won't loose money if the stock market crashes
Term
Major Weakness of Cookie Jar/Mattress
Definition
You could spend it, house could burn down etc.
Term
Risk of Gold
Definition
Value could go down
Term
Access to Gold
Definition
Great
Term
Return of Gold
Definition
High if you sell
Term
Major Benefit of Gold
Definition
Its pretty, its safety, head against loss
Term
Major Weakness of Gold
Definition
Need to find someone to buy it in order to get money
Term
Bond
Definition
-Bought from US government or a company
-You loan them money, they promise to pay you back on a fixed date
-Buy bond for less than face value, they pay you face value when it matures (10-30 years)
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