Vocabulary #1 Review 1-28

The highest price a stock was sold for in the past 52 weeks.

A fixed-income investment that is a form of lending to a company or the govt; viewed as an IOU between lender/borrower

Money the goverment expects to receive from income taxes paid by citizens during a year is called Anticipated Income.

Balance transfers is the act of transferring debt from one credit card account to another.

Someone who receives insurance money if the insured person dies is not the beneficiary.

A source of credit that may combine elements of open & closed-end credit & usually have higher interest rates & fees

Provides payments for both liability and property insurance on a vehicle.

Father of modern economics; most famous for his 1776 book, The Wealth of Nations.

Pt of a brand that can't be spoken; most commonly a symbol, pic, design, distinctive lettering, color, or combo of the 3

The act or process of writing or speaking in favor of, or about a cause.

The lowest price a stock was sold for in the past 52 weeks.

Annual Percentage Rate is a yearly fee that may be charged for having a credit card.

Ethical & Unethical beahviors that occur in relation to business policies and practices.

Book Value is the net worth of a company.

Person who is licensed to buy/sell stocks, provides investment advice, & collects a commission on each purchase or sale.

Items of monetary value a person or household owns.

Authentic looking bait device that's left for a potential victim to pick up & insert into a cpu which inlcudes malware

The market is doing well and investors are optimistic about each economy and purchasing stocks.

Forward planning is a strategy in which someone begins w/ the end goal and then identifies smaller goals

Stock from nationally recognized companies which dominate the industry often having annual revenue of 1 billion or more.

An intangible marketing or business concept that helps people identify a company, product, or individual.

Adjusted Net Income is an individual's gross income minus specific deductions.

Someone who receives something with a promise to return it or its equivalent.

Brokerage Firm does not facilitate the buying and selling of investments from a stock exchange

Machine allows depository institution customers 2 complete certain transactions frm machine w/o need 4 human assistance

The principle or practice of unselfish concern for the welfare of others

Annual Fee is the cost of credit expressed as a yearly interest rate.

Mrkt is doing poorly & investors arent confident in the economy Investors arent purchasing stocks & selling whts owned