Annual Percentage Rate (APR) - The yearly cost of credit. Interest Rate plus finance charge.
portfolio analysis - the process by which management
... [Show More] evaluates the products and businesses that make up the company
portfolio investment - investment that does not involve obtaining a degree of control in a company
comprehensive insurance - covers your car for reasons other than a collision such as theft and vandalism
Gap Insurance - Covers the difference between what you owe on a car and what the insurance company says it is worth
dynamic equilibrium - a state of balance between continuing processes
Underwriters - Underwriters purchase securities from the issuing company and resell them to the public
Better Business Bureau - business-sponsored nonprofit organization providing information on local companies to consumers
Small Business Administration (SBA) - The government organization that provides resources to new and small businesses.
sunk costs - costs that are made in the past and cannot be recovered
Interstate Commerce Commission - an agency that sets the laws for all the companies that do business across state lines
excise tax - Consumer tax on a specific kind of merchandise, such as tobacco.
stop orders - trade is not to be executed unless stock hits a price limit
federal tax brackets - rate you pay on the last money you earned
-percentage of income
limit order - a request to buy or sell a stock at a specified price
hedge funds - enabled wealthy investors to avoid some financial regulations in global financial markets
Market Orders - buy or sell orders that are to be executed immediately at current market prices
common size balance sheet - dollar amounts on the balance sheet are stated as a percent of total assets
Static Budget - A budget prepared for only one level of sales volume
certificate of deposit - a certificate issued by a bank to a person depositing money for a specified length of time.
installment loan - a loan repaid with interest in equal periodic payments
Dual Taxation - corporate profits taxed and stock holders dividends taxed
Roth IRA - A personal savings plan; contributions are not tax-deductible; earnings are tax-free
installment buying - A consumers buys products by promising to pay small, regular amounts over a period of time
framing bias - tendency of decision makers to be influenced by the way a situation or problem is presented to them
fiat money - money without intrinsic value that is used as money because of government decree
collection agency - A business that collects unpaid debt for other companies or organizations
price elasticity of demand - economic concept that deals with how much demand varies according to changes in price
fiduciary - a person who holds assets in trust for a beneficiary
lien - right to possess and sell the property of a debtor
secondary circulation - The number of people who read a publication but do not actually purchase it ("pass along" readers).
capital gains - profits from the sale of an asset held for 12 months [Show Less]