Financial Terms: From A to Z
Navigating the world of finance can feel like learning a new language. With unfamiliar terms and complex concepts, it's easy to feel lost. But understanding the language of finance is crucial for making informed decisions about your money, investments, and future. This comprehensive glossary breaks down essential financial terms from A to Z, providing clear and concise definitions to empower you on your financial journey. A 1099-DIV : A tax form that reports dividends and distributions earned on stocks or mutual funds [Inline Source links: Schwab]. 1099-B: A tax form that reports gains and losses from selling stocks or other investments in a brokerage account [Inline Source links: Schwab]. 529 Plan: A tax-advantaged savings plan designed to help families save for future education costs [Inline Source links: consumerfinance.gov ]. There are two main types: prepaid tuition plans and savings plans. Accredited Investor: An individual or business allowed to buy ...
