Financial Dictionary

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municipal bonds

Municipal Bond

What Are Municipal Bonds? A municipal bond, sometimes called a muni bond, is a debt security issued by a state, ...

risk tolerance

Risk Tolerance

Risk Tolerance Definition Risk tolerance is a measurement of the degree of variability in investment returns that an investor is ...

Probate

What is Probate? Probate is the court proceeding in which a deceased person’s Will is filed with the court, and ...

Rate of Return

What Is Rate of Return? The rate of return measures the performance of an investment. Rate of return is calculated ...

Liquidity

What is Liquidity? Liquidity is the ease and speed with which an asset or security can be bought or sold. ...

Net Worth

What is Net Worth? Net worth is the total value of a company’s or individual’s assets, minus the liabilities, or ...

Beneficiary

What Is a Beneficiary? A beneficiary is the person or entity who will receive benefits from a life insurance policy, ...

Benchmark

What Is a Benchmark in Finance? Financial benchmarking involves running financial analyses in order to compare business practices and the ...

Dividend

Dividend Definition A dividend is a portion of a company’s profit paid to common and preferred shareholders. They provide an ...

Yield Curve

What Is a Yield Curve? A yield curve is the relationship between interest rates and time, and is determined by ...

Living Will

What is a Living Will? A living will provides instructions to your healthcare provider in the event that you are ...

Mutual Funds

What Is a Mutual Fund? A mutual fund is a fund operated by an investment company that raises money from ...