Investing Flashcards
Blue chip shares
Very safe and secure shares
Capital gains tax
A tax on the profits arising from increased value of assets such as share or property
Debenture
A document issued by a firm when you lend it a sum of money
Ethical
Acceptable to societies current standards
Fixed interest rate
Interest rate that remains the same for the period of the loan
Income and expenditure account
A record of income earned and money spent during the previous week
Managed fund
A pool of money that comes from people who have similar investment goals
Rate of return (ROI)
The profit you receive on your investment as a percentage of the original investment
Share
A part ownership of a public company
Stockbroker
Individual or firm that specialises in buying and selling shares
Superannuation
A compulsory saving of money for future use by employer for employee
Unsecured note
Similar to a debenture Exocet the holders of these are one of the last to repaid if a firm is liquidated
Variable interest rates
Rate that moves up and down depending on market focuses . What focuses!?!?
Assets
Something of value you own