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Chapter 13 Review Flashcards | StudBud
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Chapter 13 Review
Volatility
Living Will
Chapter 13 Review
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1
Living Will
William Shakespeare
A legal document outlining wishes for end-of-life medical treatment.
2
Volatility
A rollercoaster at Six Flags
The rate at which an asset's price changes over time.
3
Mutual Funds
A company that pools money from investors and invests in stocks, bonds etc
An agreement to go Dutch for dinner.
4
Time Horizon
How long it takes for Mrs. Marty to stop lecturing.
Length of investment period
The amount of school left.
5
Liquidity
Access to funds for immediate needs
What's inside a soda can
The contents of a puddle
6
Portfolio
A collection of an artist's work.
A collection of investments held by an individual or organization.
A highly infectious viral disease caused by the poliovirus
7
Capital Gains
Lifting weights at the capital.
The increase in value of an asset
8
Will
The guy who plays Elf
A legal document that outlines how you distribute your assets after you die
9
Power of Attorney
A legal document that allows someone to act on your behalf.
The guy who gets your speeding ticket dropped
10
Bonds
A debt security issued by a government, corporation, or municipality......
One of the best roided up baseball players in history
11
Stock/Share
A piece of ownership in a company
Giving something to someone else
12
Pension Plan
A retirement savings and investment plan, typically offered by employers.
Something an old person gets
13
Diversification
Spreading investments across different assets to reduce risk.
Eating a lot of different types of food.
Dating a lot of people so you're never bored.
14
Return
Taking back shoes that don't fit
Profitability of an investment
Bringing your graduation form back to the office.
15
Dividends
Dividing numbers in math class.
A payment from a company to shareholders, giving them a portion of earnings
16
Risk
The probability of incurring losses relative to the expected return.
Calling an ex.
Talking back to your parents and/or teachers.
A game about countries
17
Living Trust
Trusting that your parents will keep you alive until 18
A legal arrangement that manages assets for the grator and beneficiaries
18
Estate Planning
The process of arranging how your assets will be managed and distributed
Decorating a house for an episode of Cribs...do you even know what that is?
