Personal Finance — page 15 of 19

1,822 terms including subtopics (1,421 terms filed directly here)

Subtopics

Personal Finance terms

  1. Regional exchange Stock exchanges in cities other than New York are called regional exchanges. They list both regional stocks, which may or may not be listed on the New…
  2. Registered bond When a bond is registered, the name of the owner and the particulars of the bond are recorded by the issuer or the issuer's agent.
  3. Registered investment adviser (RIA) Investment advisers who register with the Securities and Exchange Commission (SEC) and agree to be regulated by SEC rules are known as registered…
  4. Registered representative An investment salesperson or broker who is licensed by the SEC (Securities and Exchange Commission) and by the NYSE (New York Stock Exchange).
  5. Regressive tax A regressive or flat income tax system taxes everyone at the same rate, as sales tax does.
  6. Regular Program Community A community wherein a Flood Insurance Rate Map is in effect and full limits of coverage are available under the Flood Disaster Protection Act (FDPA or…
  7. Regulation D Regulation D is an exemption from federal securities registration for private placements of securities.
  8. Regulation T Regulation T is the Federal Reserve Board rule that governs how much you can borrow through your margin account to cover the purchase price of a security.
  9. Regulation Z Under Regulation Z, a Federal Reserve Board rule covering provisions of the Consumer Credit Protection Act of 1968, lenders have to tell you certain terms…
  10. Rehypothecation Rehypothecation occurs when your broker, to whom you have hypothecated - or pledged - securities as collateral for a margin loan, pledges those same…
  11. Reinvestment Using dividends, interest, and/or capital gains distributions generated by a mutual fund investment to purchase additional shares, rather than receiving…
  12. Reinvestment risk Reinvestment risk occurs when you have money from a maturing fixed-income investment, such as a certificate of deposit (CD) or a bond, and want to make a…
  13. Relative An individual who is related to the filer or reporting individual, as father, mother, son, daughter, brother, sister, uncle, aunt, great uncle, great…
  14. Release of Lien To free a piece of real estate from a mortgage.
  15. Remittance Transfers Federal law defines “remittance transfers” to include certain electronic money transfers from consumers in the United States to recipients abroad…
  16. Renewable term A renewable term life insurance policy allows you to extend your coverage for an additional period without having to requalify for coverage, provided that…
  17. Renewal A form of extending an unpaid loan in which the borrower's remaining unpaid loan balance is carried over (renewed) into a new loan at the beginning of the…
  18. Repayment Plan a process where a homeowner promises to pay down past due amounts on a mortgage while continuing to make regular monthly payments on a property
  19. Reporting Individual The term is synonymous with "filer" of an SF 278, Public Financial Disclosure Report (see 5 C.F.R. § 2634.
  20. Reporting Status Is a type of financial disclosure report an FDM filer can complete. For the SF 278 Filer, the Reporting Statuses are New Entrant, Incumbent, Termination…
  21. Required beginning date (RBD) Your required beginning date is the date by which you must take your first minimum required distribution from retirement savings plans that require…
  22. Rescission The cancellation, or “tearing-up,” of a contract. Some consumer loans (home mortgages) feature a 3-day right of rescission during which the borrower…
  23. Reserve requirement The Federal Reserve requires its member banks to keep a certain percentage of their customer deposits in cash and other liquid assets in reserve at all…
  24. Residual Interest Interest that continues to accrue on your credit card balance from the statement cycle date until the bank receives your payment.
  25. resources Factors needed to produce goods and services (natural, human, and capital goods).
  26. Respondent Name The name of the HMDA reporting institution.
  27. Respondent or Reporter ID (RID) (RID) A ten-digit number used to identify a HMDA reporting institution. RIDs often require leading zeros to meet the length requirement.
  28. Restricted security Restricted securities are stocks or warrants that you acquire privately, through stock options or a corporate merger, rather than by buying them in the…
  29. Retail credit card A credit card associated with a retail store. Depending on the type of card, you may be able to use it at locations other than the one where you received…
  30. Retained earnings Retained earnings, also known as retained surplus, are the portion of a company's profits that it keeps to reinvest in the business or pay off debt…
  31. Retirement Accounts An account that helps you plan for your retirement. It is also the best way to save for tomorrow.
  32. Retirement Annuity A monthly annuity payable to a member or his designated beneficiary. Retirement Systems This is the informal name used by the South Carolina Retirement…
  33. Return Your return is the profit or loss you have on your investments, including income and change in value.
  34. Return Item A negotiable instrument—principally a check—that has been sent to one bank for collection and payment and is returned unpaid by the sending bank.
  35. Return on equity Return on equity (ROE) measures how much a company earns within a specific period in relation to the amount that's invested in its common stock.
  36. Return on investment Your return on investment (ROI) is the profit you make on the sale of a security or other asset divided by the amount of your investment, expressed as an…
  37. Returned payment This is a payment that you make to us that is not honored by your financial institution.
  38. Revenue Revenue is the money you collect for providing a product or service. Revenue is different from earnings, which is what's left of your revenue after…
  39. Revenue bond Revenue bonds are municipal bonds issued to finance public projects, such as airports and roadways.
  40. revenue tariff A tax on imported goods levied primarily to generate revenue for the federal government.
  41. Reverse merger In a reverse merger, a privately held company purchases a publicly held company and, as part of the new entity, becomes public without an initial public…
  42. Reverse Mortgage A reverse mortgage is a special home loan product that allows a homeowner aged 62 or older the ability to access the equity that has accumulated in their…
  43. Reverse stock split If a company's stock is trading at a low price, the company may decide to reduce the number of existing shares and increase their price by consolidating…
  44. Review Chain The assigned users selected within FDM to review and eSign a filer's financial disclosure report before it is completed. See definition of "Complete".
  45. Review Date Review Date is the date on which a reviewer has completed a review of the report.
  46. Reviewer For FDM purposes, a person who checks a filer's financial disclosure report for accuracy and completeness and to identify those financial interests that…
  47. Reviewing Official The designated agency ethics official or his delegate, the Secretary concerned, the head of the agency, or the Director of the Office of Government…
  48. Revocable trust A revocable trust is a living trust that can be modified or revoked by the grantor, or person who establishes the trust and transfers property to it.
  49. Revolving Credit A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services.
  50. Rider A written agreement attached to the policy expanding or limiting the benefits otherwise payable under the policy. Same as an "endorsement."
  51. Right of Offset Banks' legal right to seize funds that a guarantor or debtor may have on deposit to cover a loan in default. It is also known as the right of set-off.
  52. Right of Rescission Right to cancel, within three business days, a contract that uses the home of a person as collateral, except in the case of a first mortgage loan.
  53. Rights of survivorship If two or more people own property jointly with rights of survivorship and one of the owners should die, the deceased owner's share of the property…
  54. Rights offering In a rights offering, also known as a subscription right, a company offers existing shareholders the opportunity to buy additional shares of company stock…
  55. Risk The possibility of loss; the uncertainty of future returns.
  56. Risk premium A risk premium is one way to measure the risk you'd take in buying a specific investment.
  57. Risk ratio Some investors and financial analysts try to estimate the risk an investment poses by speculating on how much the investment is likely to increase in…
  58. Risk Tolerance The degree to which you are willing to risk losing some (or all) of your original investment in exchange for a chance to earn a higher rate of return.
  59. Risk-adjusted performance When you evaluate an investment's risk-adjusted performance, you aren't looking simply at its straight performance figures but at those figures in…
  60. Risk-free return When you buy a US Treasury bill that matures in 13 weeks, you're making a risk-free investment in the sense that there's virtually no chance of losing…
  61. Rollover If you move your assets from one investment to another, it's called a rollover.
  62. Rollover IRA A rollover IRA is an individual retirement annuity you create with tax-deferred assets you move from an employer sponsored retirement plan to a…
  63. Roth 401(k) The Roth 401(k) retirement plan, which was introduced in 2006, allows you to make after-tax contributions to your account.
  64. Roth 401(k) Savings Plan After-tax retirement savings plan offered through the South Carolina Deferred Compensation Program .
  65. Roth IRA A Roth IRA is a variation on a traditional individual retirement account (IRA).
  66. Round lot A round lot is the normal trading unit for stocks and bonds on an organized securities exchange or market, also called a trading platform.
  67. Rule of 78 A practice, called the Rule of 78, means that lenders front-load the interest they charge on a short-term loan to guarantee their profit if you pay off…
  68. Rural Development (RD) (RD) The "Rural Development" mortgage program is governed by the USDA and is designed to promote homeownership in rural areas.
  69. Russell 1000 Index This capitalization-weighted index, published by the Frank Russell Company of Tacoma, Washington, tracks the 1000 largest stocks that are included in the…
  70. Russell 2000 Index The Russell 2000 Index, published by the Frank Russell Company of Tacoma, Washington, tracks the stocks of the 2,000 smallest companies in the Russell…
  71. Safe (or Safety) Deposit Box A type of safe usually located in groups inside a bank vault and rented to customers for their use in storing valuable items.
  72. Safekeeping A service provided by banks where securities and valuables are protected in the vaults of the bank for customers.
  73. salary Compensation received by an employee for services performed. A salary is a fixed sum paid for a specific period of time worked, such as weekly or monthly.
  74. Salary reduction plan A salary reduction plan is a type of employer-sponsored retirement savings plan. Typical examples are 401(k)s, 403(b)s, 457s, and SIMPLE IRAs.
  75. Sale Leaseback In a sale-leaseback arrangement - also known as a leaseback - an owner sells his or her property, and then immediately leases it back from the buyer as…
  76. Sales charge In the case of mutual funds, these are commissions charged to purchasers of fund units, usually based on the purchase or redemption price.
  77. Sales tax A sales tax is a tax imposed by state and local governments on transactions that occur within their jurisdictions.
  78. Sallie Mae This corporation purchases student loans from various lenders, such as banks, and packages the loans as bonds or short-term or medium-term notes.
  79. Sarbanes-Oxley Act of 2002 Named after its main Congressional sponsors, Senator Paul Sarbanes and Representative Michael Oxley, the Sarbanes-Oxley Act of 2002 introduced new…
  80. Satisfaction of Mortgage A document issued by a mortgagee (the lender) when a mortgage is paid in full.
  81. Savings account A savings account is a deposit account in a bank or credit union that pays interest on your balance-though some institutions require that you have at…
  82. Savings bonds The US government issues two types of savings bonds: Series EE and Series I. You buy electronic Series EE bonds through a Treasury Direct account for face…
  83. Schedule C Employee One who holds a Federal appointment for a position that is excepted from the competitive service because of its policy-determining nature or because it…
  84. screen A screen is a set of criteria against which you measure stocks or other investments to find those that meet your criteria.
  85. Scrip Scrip is a certificate or receipt that represents something of value but has no intrinsic value.
  86. Scripophily Scripophily is the practice of collecting antique stocks, bonds, and other securities.
  87. Second Lien Modification Program (2MP) (2MP) program that provides homeowners a way to modify their second mortgages to make them more affordable when their first mortgage is modified under the HAMP.
  88. Second Mortgage a loan with a second-priority claim against a property in the event that the homeowner defaults.
  89. Secondary market When investors buy and sell securities through a brokerage account, the transactions occur on what's known as the secondary market.
  90. Secondary Mortgage Market The market for buying and selling existing mortgages; this could be in the form of whole mortgage or MBS sales.
  91. Secondary offering The most common form of secondary offering occurs when an investor, usually a corporation, but sometimes an individual, sells a large block of stock or…
  92. Sector A sector is a segment of the economy that shares distinctive characteristics, such as telecommunications or energy.
  93. Sector fund Sector mutual funds, also called specialty or specialized funds, concentrate their investments in a single segment of an industry, such as biotechnology…
  94. Sector Mutual Fund A mutual fund that concentrates its investments in an industry, business, single country other than the United States, or bonds of a single State within…
  95. Secular market A secular market is one that moves in the same direction - up or down - for an extended period.
  96. Secured bond The issuer of a bond or other debt security may guarantee, or secure, the bond by pledging, or assigning, collateral to investors.
  97. Secured credit card A secured credit card is linked to a savings account you open with the bank or other financial institution offering the card.
  98. Secured Loan A secured loan is a loan that's guaranteed with collateral, such as a home or car.
  99. Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is an independent federal agency that oversees and regulates the securities industry in the United States and…
  100. Securities Investor Protection Corporation (SIPC) The Securities Investor Protection Corporation (SIPC) is a nonprofit corporation created by Congress to insure investors against losses caused by the…

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