glossary Flashcards
(19 cards)
assets
items of value
blue chip shares
very safe and secure shares
capital gains tax
a tax on the profits arising from the increased value of assets such as shares or property
capital growth
value of an asset increases over time
company tax
a tax on the profit of a company
dividend
part of a firm’s profit that is divided amongst shareholders (income you get from shares)
entrepreneur
a person who sets out to build a successful business in a new field. An entrepreneur’s methods are sometimes regarded as innovative
economy
all activities undertaken for the purpose of production, distribution and consumption of goods and services in a region or country
ethical
acceptable to society’s current standards
interest rate
price paid for the use of money over a period of time (when yo pay the money back you pay a bit extra on top every time so the person loaning you the money gets a profit)
fixed interest rate
interest rate that remains the same for the period of the loan
income and expenditure account
an ongoing record of income earned and money spent during the previous week
investment portfolio
all the investments owned by an individual
market
an exchange of goods, services or resources between buyers and sellers
mortgage
a loan from a financial institution such as a bank where something is held as security in case the loan is not repaid, e.g. a house
rate of return definition
the profit you receive on your investment as a percentage of the original investment
share
a part ownership of a public company
share market
place where shares in public companies are bought and sold
stockbroker
individual or firm that specialises in buying and selling shares
