Glossary
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- bank money market account
- Bank account that typically offers a higher interest rate in exchange for maintaining a larger minimum balance. Typically FDIC Insured if account meets required limits. Synonyms: bank money market accounts, money market
- beneficiary
- The designated person or persons who will inherit the benefits on your investment in the event of your passing. Synonyms: beneficiaries
- bond fund
- A mutual fundA professionally managed pool of investments that allows you access to multiple investments inside of a single solution. Each shareholder participates in the gain or loss of the fund. Shares are issued and can be redeemed as needed. that invests primarily in bondsA loan to a company or the government for a certain period of time in exchange for interest payments.. Synonyms: bond funds
- bonds
- A loan to a company or the government for a certain period of time in exchange for interest payments.
- brokerage accounts
- Investment accounts that allow you to invest in stocksOwnership in a part of a company where your investment sees gains or losses based on that company's performance., bondsA loan to a company or the government for a certain period of time in exchange for interest payments., mutual funds, and more inside of one solution.