FIN 201 BYU Brau Chp 1 Key terms Winter 2016 Flashcards
401K
A tax-sheltered retirement plan offered by some employers.
401K
A tax-sheltered retirement plan offered by some employers.
Accounting
The business function responsible for creating the historical financial statements.
Asset Manager
A professional who makes a living managing a portfolio of assets.
Asset Pricing
The process of valuing assets
Business Finance
Another word for corporate finance.
Capital Budgeting Analysis
The process of deciding what assets to buy.
Cash Management
Managing the day-to-day finance operations of a firm.
Certified Financial Planner
A professional who has passed the CFP examination.
Chief Financial Officer (CFO)
The highest ranking corporate finance officer in a firm.
Commercial Bank
A bank that focuses mostly on mid to large sized companies.
Accounting
The business function responsible for creating the historical financial statements.
Asset Manager
A professional who makes a living managing a portfolio of assets.
Asset Pricing
The process of valuing assets
Business Finance
Another word for corporate finance.
Capital Budgeting Analysis
The process of deciding what assets to buy.
Cash Management
Managing the day-to-day finance operations of a firm.
Certified Financial Planner
A professional who has passed the CFP examination.
Chief Financial Officer (CFO)
The highest ranking corporate finance officer in a firm.
Commercial Bank
A bank that focuses mostly on mid to large sized companies.
Company/Industry Analysts
Professionals who produce reports on specific firms and industries.
Consumer Bank
A bank that focuses mostly on individuals, families, and small business.
Consumer Insurance
Life and property insurance.
Corporate Finance
The finance function within a business. One of the three main areas of finance.
Corporate Insurance
Insurance sold to businesses.
Cost of Capital
How much it costs the firm (in percentage terms) to finance its operations through debt and/or equity.
CPA
A Certified Public Accountant.
Credit Analyst
A bank position which involves deciding who qualifies for a loan and who does not.
Current Market Value
What someone would pay right now for an asset.
Debt
Money lent by a creditor to provide financing for the borrower.
Discounted Cash Flow
The process of using time value of money skills and forecasting to value assets.
Dollar-Cost-Averaging
Automatically investing a fixed percentage or amount every certain period, such as a month.