• Accountant:

    $100 value

    Accountant: Has a formal accounting education, where a bookkeeper may not. An accountant will handle your day-to-day financial needs including the preparation of your financial statements. Accountants can also prepare tax returns.

  • Agency bonds:

    $100 value

    The most popular and well-known are the bonds of mortgage associations, nicknamed Ginnie Mae, Fannie Mae and Freddie Mac. But many federal and state agencies also issue bonds to raise money for their operations and projects.

  • Amex (AMERICA STOCK EXCHANGE)

    $100 value

    Amex (American Stock Exchange): The rival New York Curb Exchange was founded in 1842. It's name said it all: trading actually took place on the street until it moved indoors in 1921. In 1953, the Curb Exchange became the American Stock Exchange.

  • Amortization:

    $100 value

    Gradual repayment of a debt by periodic installments that cover both principal and interest.

  • Annual percentage rate (APR):

    $100 value

    The effective rate of interest for a loan. The APR reflects all the costs of financing - including points, origination fees, and other finance charges - and is usually higher than the interest rate alone.

  • Appraisal:

    $100 value

    A estimate or opinion of the value of a property by an impartial person skilled in the analysis and valuation of real estate.

  • Asset:

    $100 value

    Something that puts money in your pocket whether you work or not. Assets include real estate, businesses, and paper assets such as dividend-producing stocks.

  • Assumable loan:

    $100 value

    An existing loan on a property that the seller is able to pass on to the borrower.

  • Bonus material

    $100 value

    Explain the value your additional content will bring to a student’s overall learning experience. Use this opportunity to sell potential students on the extra benefits your bonus material provides.

  • Balloon loan:

    $100 value

    Mortgage loan in which the remaining amount is fully due and payable at a specified, predetermined date. Balloon loans may have a better interest rate, but you will have to be prepared to pay the remaining balance of the loan in full (or obtain a new loan) at the specified time.

  • Baltex index:

    $100 value

    Baltex index: A new index rolled out by the Baltic exchange related to the shipping industry.

  • Blue chips stocks:

    $100 value

    Is a term borrowed from poker, where the blue chips are the most valuable, and refers to the stocks of the largest, most consistently profitable corporations. The list isn't official - and it does change.

  • Bonds:

    $1000 value

    May be tax-free Municipal Bonds, U.S. Government issued Treasuries or Corporate Bonds which reflect debt by the issuing authority in exchange for interest payment to the purchaser.

  • Bookkeeper:

    $1000 value

    Keeps track of your bookkeeping records. In most cases you'll want a "full charge" bookkeeper - one who can pay bills, properly code them, track accounts receivable and payable, do payroll and prepare financial statements and tax returns.

  • Book value:

    $100 value

    Is the difference between the company's assets and liabilities. A small or low book value from too much debt, for example, means that the companies profits will be limited even if it does lots of business. Sometimes a low book value means that assets are under estimated; experts consider these kinds of companies good.

  • Call options:

    $100 value

    Buy - The right to buy the underlying item at the strike price until the expiration date. Sell - Selling the right to buy the underlying item from you at the strike price until the expiration date. Known as a writing call.

  • Cap:

    $100 value

    The limit, expressed as a percentage, on the amount of an increase charged by a lender under the terms of an adjustable rate mortgage. Caps protect the borrower from large, unexpected interest rate increases.

  • CAP (capitalization) rate:

    $100 value

    This is the Net Operating Income divided by the purchase price. It does not take debt into account. It is an indicator of the value of the property. A general rule of thumb is the higher the CAP rate the lower the price of the property relative to its value. The lower the CAP rate the higher the price relative to its value.

  • Capital gain:

    $100 value

    The difference between the price at which you bought an investment and the price at which you sold it, less improvements made and other money in the investment.

  • Capitalism:

    $100 value

    Economic system which includes private property ownership and free market forces to determine the price of goods and services. Capitalists raise capital and take risks by leveraging other people’s money and other people’s time for the opportunity to make a profit.

  • Cash:

    $100 value

    Savings account, money market funds, certificates of deposit.

  • Cash flow:

    $1000000 value

    The difference between the money flowing into your pocket as income and the money flowing out as expenses and debt. Cash flow may be either positive or negative.

  • Cash-on-cash return on investment (CCR):

    $1000 value

    This is the amount of annual cash flow divided by the amount of cash you have put into the deal (primarily the down payment). It is shown as a percentage.

  • Cash on cash return (CCR):

    $1000 value

    In real estate, it's a percentage figure determined by dividing the annual cash flow of a property by the amount of cash put into the property (typically the down payment and closing costs.)