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Flashcards - CSET Business - Personal Finance

Flashcards - CSET Business - Personal Finance
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exchange-traded fund
An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks
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financial asset
A financial asset is a tangible asset whose value is derived from a contractual claim, such as bank deposits, bonds, and stocks
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bond
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders
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mutual fund
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities
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mutual fund
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities
bond
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders
financial asset
A financial asset is a tangible asset whose value is derived from a contractual claim, such as bank deposits, bonds, and stocks
exchange-traded fund
An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks
prospectus
A prospectus, in finance, is a disclosure document that describes a financial security for potential buyers
securities
A security is a tradable financial asset
securities markets
Securities market is a component of the wider financial market where securities can be bought and sold between subjects of the economy, on the basis of demand and supply
secondary market
The secondary market, also called the aftermarket, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold

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