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investment vocabulary

Terms

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Investing
The act of committing money or capital to an endeavor (a business, project, real estate, etc.) with the expectation of obtaining an additional income or profit.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time.
Economics
social science that studies how individuals, governments, firms and nations make choices on allocating scarce resources to satisfy their unlimited wants
Fund Manager
The person(s) resposible for implementing a fund's investing strategy and managing its portfolio trading activities.
Dividend
A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders
Stock Market
The market in which shares are issued and traded either through exchanges or over-the-counter markets
Bond
A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate
Mutual Fund
An investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
Capital Appreciation
A rise in the value of an asset based on a rise in market price
Registered Retirement Savings Plan.
are the Canadian government's way of helping citizens save their money for retirement.
Bear Market
A market condition in which the prices of securities are falling or are expected to fall
Risk-Free Asset
An asset which has a certain future return
Analyst
A financial professional who has expertise in evaluating investments and puts together "buy", "sell" and "hold" recommendations for securities.
Stock
A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.
Prospectus
A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details about an investment offering for sale to the public
Peter Lynch
managed the Fidelity Magellan Fund from 1977 to 1990, during which time the fund's assets grew from $20 million to $14 billion
Growth Investing
strategy whereby an investor seeks out stocks with what they deem good growth potential
Pension Plan
type of retirement plan, usually tax exempt, wherein an employer makes contributions toward a pool of funds set aside for an employee's future benefit.
Growth Stock
Shares in a company whose earnings are expected to grow at an above-average rate relative to the market.
Principal
1. The amount borrowed or the amount still owed on a loan, separate from interest.
Capital
1. Financial assets or the financial value of assets, such as cash.
Income Statement
A financial statement that measures a company's financial performance over a specific accounting period
Risk
The chance that an investment's actual return will be different than expected
Value Investing
The strategy of selecting stocks that trade for less than their intrinsic values
Fixed-Income Security
An investment that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity
Compounding
The ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings
Speculation
The process of selecting investments with higher risk in order to profit from an anticipated price movement
Interest
1. The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
Risk Tolerance
The degree of uncertainty that an investor can handle in regard to a negative change in the value of his or her portfolio.
Volatility
A statistical measure of the dispersion of returns for a given security or market index.

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