12.2 Vocab Flashcards
(14 cards)
stock market
a financial market that trades shares of ownership of public companies
a financial market that trades shares of ownership of public companies
stock market
stock
a security that represents part ownership or equity in a company
a security that represents part ownership or equity in a company
stock
stock market index
a measurement of a section of the stock market, typically a weighted average of the prices of selected stocks
a measurement of a section of the stock market, typically a weighted average of the prices of selected stocks
stock market index
bull market
when prices in a financial market are on the rise or expected to rise
when prices in a financial market are on the rise or expected to rise
bull market
bear market
when prices in a financial market experience a prolonged decline
when prices in a financial market experience a prolonged decline
bear market
fixed annuity
annuity that offers low, guaranteed rates of interest and fixed income payments in retirement
annuity that offers low, guaranteed rates of interest and fixed income payments in retirement
fixed annuity
variable annuity
a type of annuity that can vary in value based on the performance of the mutual funds inside it
a type of annuity that can vary in value based on the performance of the mutual funds inside it
variable annuity