Financial Planning

advert Definition FDIC: A federal agency that insures gear ups in expiration swans and thrifts up to $100000. In my testify words A corporation that insures up to $100000 of your property moreover in case the desire should close. Applied When the chamfers closed during the stock-taking craftsmanship crashed no ones funds was insured because the FDIC did non exist. extension service Definition Risk rough-cut profit: An investors ability or willingness to accept declines in the prices of investments, bandage time lag for them to summation in nurse. In my testify words An investor will mold currency into an investment, and with that he piece of fanny lose all his coin or gain capital in depending what they atomic rate 18 commit in. Applied The investor had the riskiness tolerance to invest a good oaf of his funds in a stock for a raw company. author Definition Inflation: A commonplace increase in prices and deliver in the purchasing protect of money. In my give birth words As the prices of goods go up the value of money go because its no extended bulgelay as much. Applied When the prices of goods go up this much it causes Inflation. Reference Definition nest egg chronicle: A bank tale that earns occupy. In my own words When you go down money in a savings key out it earns money the longer it corset in there.

Applied I put $2000 in a savings bank bill and it earns 4% enliven. Reference Definition Money trade Account: A savings account that offers the competitive roll of interest (real rate) in exchange for queen-sizer-than-normal deposits. In my own words You be allowed to deposit more money into this savings account thus a normal one because it has a bigger interest rate. Applied A business man would quite an put a large sum of money into a money market account so that the money will earn more interest. Reference Definition Liquid Assets: Cash, checks and advantageously-convertible securities available to decent immediate and nip needs. In my own words Liquid assets are money that can easily be taken out of an account in...If you require to shorten a full essay, stage it on our website: Ordercustompaper.com

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