52 week high
 - The highest value your individual stock was worth in the last year (52 weeks)
Asset - an item of value owned by an individual or corporation. Examples include a house, car, office equipment, real estate, cash, bonds, stocks
Auction Market - a financial market where there is an actual location (for example Wall Street) and those who want to sell are matched with those who want to buy; dealers play a small role in this market
Bearer Form - the form of the bond issued in which the bond is issued without record of the owner’s name; payments are made to whoever holds the bond
Bear market
- The market is about to drop.
Bond - the U.S. government, local governments, and other institutions sell these bonds to investors or people. Bonds are debt and last at least one year or more. The principal amount of the bond must be repaid along with interest.
Bond Indenture -

the written agreement between the corporation and the lender detailing the terms of the debt issue; also known as a deed of trust

Broker - an agent who arranges security transactions among investors.
Bull market
- Usually the economy has been slow for awhile and when the market takes off in a positive direction, a bull market begins.
Chief Financial Officer - the top financial manager within a firm
Corporation - one of the three major forms of organization in the Unites States; separation of ownership and management
Coupon - stated interest payments made on a bond
Coupon rate - the annual coupon divided by the face value of a bond
Dealer - an agent who buys and sells securities from inventory ex. NASDAQ
Dealer Market - a financial market where dealers buy and sell for themselves at their own risk
Debt - not an ownership interest; creditors have legal recourse if interest or principal payments are missed, and excess debt can lead to financial distress and bankruptcy
Dividend - distribution of earnings to shareholders
Earnings - the amount a worker or firm makes, profit, the money a corporation or firm makes after doing business
Equity - ownership interest; dividends are not a liability of the firm and stockholders have no legal action if dividends are not paid; an all equity firm can not go bankrupt
Face Value - the principal amount of a bond that is repaid at the end of the term; also known as par value
growth stocks
- Stocks that grow faster than their industry.
Interest - the price paid for borrowing money; usually in the form of a percent
Maturity - date on which the principal amount of a bond is paid
Mortgage - secured by real property; normally land or buildings
NASDAQ - not a physical exchange; a computer based system with a large portion being technology stocks
New York Stock Exchange (NYSE) - people are conducting operations on a floor
Partnership - one of the three major forms of organization in the United States; two or more owners
Premium Bond - when the value of a bond is greater than the par value
Principal - the total amount of money being borrowed or lent from one party to another
Registered Form - the form of bond issued in which the register of the company records ownership of each bond; payment is made directly to the ownership of record
Securities - a stock, bond, or other investment issued by a corporation or firm that shows ownership in something
Sole Proprietorship - one of the three major forms of organization in the United States; a single owner keeps all the profits
Stock - Ownership of a corporation indicated by shares, which represent a piece of the corporation's assets and earnings
Stockholder - a person who owns stock in a company; also known as a shareholder
Yield
 - your profit.
Yield to Maturity - the rate required in the market on a bond
Zero Coupon Bonds - a bond that makes no coupon payments and thus is initially priced at a deep discount