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Financial Glossary

Here we have gathered some of the key terms that are often referred to when planning your finances. Please feel free to read below and to reach out to us with any questions you may have.


  1035 Exchange


  401(k) Plan


  401(k) Loan


  403(b) Plan


  Account Balance


  Adjustable-Rate Mortgage (ARM)


  Adjusted Gross Income (AGI)


  Administrator


  After-Tax Return


  Aggressive Growth Fund


  Alternative Minimum Tax (AMT)


  American Stock Exchange (AMEX)


  Annual Percentage Rate (APR)


  Annual Report


  Annuity


  Appraisal


  Asset


  Asset Allocation


  Asset Class


  Audit


  Automatic Reinvestment


  Balanced Mutual Fund


  Bear Market


  Beneficiary


  Blue Chip Stock


  Bond


  Book Value


  Bull Market


  Buy-and-Hold


  Buy-Sell Agreement


  Capital Gain or Loss


  Cash Alternatives


  Cash Surrender Value


  Certificate of Deposit (CD)


  Charitable Lead Trust


  Charitable Remainder Trust


  Claim


  COBRA


  Coinsurance or Co-Payment


  Commercial Paper


  Common Stock


  Community Property


  Compound Interest


  Consumer Price Index (CPI)


  Convertible Term Insurance


  Corporate Bond


  Corporation


  Coverdell Education Savings Account (Coverdell ESA)


  Credit Score


  Debt


  Debt-to-Equity Ratio


  Deduction


  Deed


  Deferred Annuity


  Defined Benefit Plan


  Defined Contribution Plan


  Deflation


  Dependent


  Direct Rollover


  Disability Income Insurance


  Diversification


  Dividend


  Dollar-Cost Averaging


  Dow Jones Industrial Average (DJIA)


  Early Withdrawal


  Employee Stock Ownership Plan (ESOP)


  Employer-Sponsored Retirement Plan


  Equity


  Employee Retirement Income Security Act (ERISA)


  Estate Management


  Estate Tax


  Exchange-Traded Funds (ETFs)


  Executive Bonus Plan


  Executor


  Federal Income Tax Bracket


  Federal Reserve System (The Fed)


  Financial Aid


  Financial Statement


  Financial Industry Regulatory Authority (FINRA)


  First-to-Die Life Insurance


  Fixed Annuity


  Fixed-Rate Mortgage


  Foreclosure


  Front-End Load


  Fundamental Analysis


  Gift


  Gift Tax


  Gross Monthly Income


  Group Life Insurance


  Health Savings Account (HSA)


  Home Equity


  Income


  Index


  Individual Retirement Account (IRA)


  Inflation


  Initial Public Offering (IPO)


  Interest Rate


  Intestate


  Investment Objective


  Irrevocable Trust


  Joint Tenancy


   Held Property


  Keogh Plan


  Key Employee


  Key Person Insurance


  Life Insurance


  Liquidity


  Living Trust


  Living Will


  Long-Term-Care Insurance


  Lump-Sum Distribution


  Management Fee


  Marital Deduction


  Market Risk


  Market Timing


  Maturity


  Medicaid


  Medicare


  Money Market Fund


  Municipal Bond


  Municipal Bond Fund


  Mutual Fund


  National Association of Securities Dealers Automated Quotations (NASDAQ)


  Net Asset Value


  Net Income


  Net Worth


  New York Stock Exchange (NYSE)


  Non-contributory Retirement Plan


  Non-qualified Plan


  Old-Age, Survivors, and Disability Insurance (OASDI)


  Partnership


  Permanent Life Insurance


  Policy Loan


  Policy Rider


  Policyholder


  Portfolio


  Power of Attorney


  Preferred Stock


  Prenuptial Agreement


  Price/Earnings Ratio (P/E Ratio)


  Prime Interest Rate


  Principal


  Probate


  Property


  Profit-Sharing Plan


  Prospectus


  Qualified Retirement Plan


  Rate of Return


  Real Estate Investment Trust (REIT)


  Redemption


  Required Minimum Distribution (RMD)


  Revenue


  Revocable Trust


  Risk


  Risk Tolerance


  Rollover


  Roth IRA


  Roth IRA Conversion


  Securities and Exchange Commission (SEC)


  Self-Directed IRA


  Share


  Savings Incentive Match Plan for Employees (SIMPLE)


  Split-Dollar Plan


  Split-Dollar Life Insurance


  Spousal IRA


  Standard & Poor’s 500 Index (S&P 500)


  Stock


  Stock Certificate


  Stock Purchase Plan


  Stock Split


  Tax Credit


  Tax Deduction


  Tax Deferred


  Tax-Exempt Bonds


  Taxable Income


  Technical Analysis


  Tenancy in Common


  Term Insurance


  Testamentary Trust


  Time Horizon


  Title


  Total Return


  Treasuries


  Trust


  Trustee


  Trustee-to-Trustee Transfer


  Uniform Gift to Minors Act (UGMA)


  Universal Life Insurance


  Unlimited Marital Deduction


  Variable Interest Rate


  Variable Universal Life Insurance


  Volatility


  Whole Life Insurance


  Will


  Withholding


  Yield


  Zero-Coupon Bond