12.2 Vocab Flashcards

(14 cards)

1
Q

stock market

A

a financial market that trades shares of ownership of public companies

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2
Q

a financial market that trades shares of ownership of public companies

A

stock market

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3
Q

stock

A

a security that represents part ownership or equity in a company

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4
Q

a security that represents part ownership or equity in a company

A

stock

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5
Q

stock market index

A

a measurement of a section of the stock market, typically a weighted average of the prices of selected stocks

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6
Q

a measurement of a section of the stock market, typically a weighted average of the prices of selected stocks

A

stock market index

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7
Q

bull market

A

when prices in a financial market are on the rise or expected to rise

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8
Q

when prices in a financial market are on the rise or expected to rise

A

bull market

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9
Q

bear market

A

when prices in a financial market experience a prolonged decline

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10
Q

when prices in a financial market experience a prolonged decline

A

bear market

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11
Q

fixed annuity

A

annuity that offers low, guaranteed rates of interest and fixed income payments in retirement

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12
Q

annuity that offers low, guaranteed rates of interest and fixed income payments in retirement

A

fixed annuity

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13
Q

variable annuity

A

a type of annuity that can vary in value based on the performance of the mutual funds inside it

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14
Q

a type of annuity that can vary in value based on the performance of the mutual funds inside it

A

variable annuity

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