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Vocabulary for Financial Literacy
By: Joshua Tate
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Stock a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory.
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dividends a pro-rata share in an amount to be distributed
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Capital gain profit from the sale of assets, as bonds or real estate.
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Common stock stock that ordinarily has no preference in the matter of dividends or assets and represents the residual ownership of a corporate business.
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Blue chip stock A term used to describe stocks of high-quality, financially sound corporations.
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Dow Jones short for Dow Jones Industrial Average, first published 1884 by Charles Henry Dow (d.1902) and Edward D. Jones (d.1920), later publishers of "The Wall Street Journal."
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futures a condition, especially of success or failure, to come
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options the power or right of choosing.
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bond something, as an agreement or friendship, that unites individuals or peoples into a group; covenant
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Mutal fund professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities
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commodities an article of trade or commerce, especially a product as distinguished from a service.
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Preferred stock stock that has a superior claim to that of common stock with respect to dividends and often to assets in the event of liquidation.
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New York Stock Exchange
the largest stock exchange in the U.S., located in New York City
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