Economics - First Vocab Test
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Last updated 11:23 PM on 9/22/22
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28 Terms
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Economics
the study of choices with limited resources
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Bear Market
people pull money out of stock market...stocks go down
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Bull Market
people put money into market...stocks surge
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Diversification
spreading out rick by investing in different industries
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ROI
return on investment
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IPO
initial public offering
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Stock
a share in a company
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Mutual Fund
collection of many stocks that protects from risk
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Bonds
an "I-owe-you"
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Appreciation (in economics)
the value goes up
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Depreciation
the value goes down
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Interest (on a loan)
money the bank charges you for borrowing their money
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Interest (on an investment, like a stock or mutual fund)
gains you make on an investment
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Inflation
value of money goes down/prices go up
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Entrepreneur
risk-taker
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Profits
income - costs
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Blue Chip stocks
high performance stock
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Microeconomics
individual behavior
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Macroeconomics
nation behavior
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IRA
Individual Retirement Account
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Roth IRA
taxed on front end
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401K
taxed on back end
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Capital Gains Tax
tax on profits
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Capital (to start or expand a business)
fancy way of saying "money"
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Recession
two consecutive quarters of negative economic growth
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Federal Reserve
regulates interest rates
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Mortgage
home loan
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Compound Interest
time = money
