1. Balance Sheet: A snapshot of your assets & liabilities.
2. Capital: Cash or something of an agreed-upon value
3. Cash Flow: Cash coming in and cash going out. Cash flow tells a story.
4. Certificate of Deposit: A loan to government & businesses, issued through banks, with specified maturity dates and interest rates.
5. Dividend: A distribution of profits of a company to shareholders.
6. Doodads: Expenses, often unnecessary or unexpected, that simply take money out of your pocket.
7. Down Payment: A percentage of the purchase price an investor pays for an investment.
8. Foreclosure: A bank or individual takes your property for non-payment of the mortgage.
9. Income Statement: A form showing your income and expenses over a period of time.
10. Inflation: An economic situation where consumer prices rise.
11. Liability: Something that takes money "out of your pocket" You owe someone.
12. Mortgage: When you finance real estate and use your home as collateral against amount of money you are borrowing.
13. Mutual Fund: A variety of stocks, bonds, or securities, grouped together, managed by a professional investment company and purchased by individual investors through shares.
14. Passive Income: Income generated from your investments such as interest, dividends, and real estate rentals, with minimal work.
15. Shares Split: A corporate action where the number of shares you own increases and the price per share decreases
