Financial Terms – Page 27

What is a Thrift Savings Plan? A Thrift Savings Plan (TSP) is a retirement savings…

What is a 457? A 457 plan, also known as a deferred compensation plan or…

What is a 529? A 529 plan, also known as a qualified tuition program, is…

What is a 403b? A 403(b) is a retirement savings plan designed for employees of…

What is an unrealized gain? An unrealized gain, also known as paper gain or paper…

What is market value? Market value, also known as fair market value, is the current…

What is an FSA? FSA stands for Flexible Spending Account. It is a type of…

What is an ETF? An ETF, short for Exchange-Traded Fund, is a type of investment…

What is a mutual fund? A mutual fund is an investment vehicle that pools money…

What is diversification? Diversification, in the context of investing, refers to the strategy of spreading…

What is a value stock? A value stock refers to a type of stock that…

What is cryptocurrency? Cryptocurrency refers to a type of digital or virtual currency that uses…