Choose a letter above or browse financial terms for the currently selected letter below. Click on the term name to see any articles that are related to the term.

Accrued Interest

Interest earned (but not yet paid) on a bond or fixed income security since the last interest payment.


The process by which a larger company, through stock purchase or exchange, gains control of a smaller company.


A person appointed by the court to settle an estate when there is no will.

After-Tax Return

The return from an investment after the effects of taxes have been taken into account.

All or none

A type of order that requires the order be executed completely or not at all.

Alternative Minimum Tax (AMT)

A congress-created tax plan that targets high-income individuals who take advantage of deductions, credits, and exemptions.

American Depositary Receipt (ADR)

Stock or securities in a foreign company issued by a U.S. bank or trust. ADRs allow U.S. investors to trade in foreign companies without an international investment account.

American Stock Exchange (AMEX)

Stock exchange in the United States for equities, bonds, options, and derivative securities located in New York City.


Eliminating a debt (principle and interest) over time, in installments.

Annual report

A corporation’s yearly, formal financial statement. Reports describe corporate assets, liabilities, revenues, expenses, and earnings, as well as analysis and messages from officers. In accordance with SEC regulations, annual reports are distributed to all company stockholders.


An insurance product that pays an income benefit on a specific date, for a specific term, or for the lifetime of the person(s) receiving the annuity. Annuities are long-term investment vehicles designed for retirement purposes. Early withdrawals may be subject to surrender charges. Withdrawals are subject to ordinary income tax, and if taken prior to age 59 1/2, a 10 percent IRS penalty may also apply. Fixed annuities are not insured nor guaranteed by the FDIC. All guarantees are backed by the claims-paying ability of the issuing company.


The simultaneous purchase of a security in one market and the sale of it or a derivative product in another market to profit from price differentials between the two markets.

Ask (ask price)

Ask (ask price)

Asset Allocation

Deciding how funds should be allocated among different types of securities.


Property with financial value that can be used as payment of a debt.

Auction Market

Stock exchanges, like the New York Stock Exchange and the American Stock Exchange are auction markets where buyers and sellers meet through a specialist.


A mathematical method used to measure securities prices trends or other market behaviors. The Dow Jones Industrial Average adds the prices of 30 stocks and then divides that total by a divisor