Financial Literacy

Yield to Maturity is the estimated rate of return that an investor can expect from a bond. The value assumes that you hold the bond until maturity.

Stock Volume is the total number of shares being traded on the entire market during a specific period of time. Each transaction adds to the volume count.

A trial balance is the sum of all credit and debit balances at the end of an accounting period and/or fiscal year before closing entries are made.

VIX is the ticker symbol for the Chicago Board Options Exchange’s Volatility Index. It’s a weighted mix of the prices for a blend of S&P 500 Index options.

Useful Life is known as the specific period of time an asset is estimated to be usable for the purpose in which it was acquired.

Treasury Notes are fixed-income securities issued by the U.S. Treasury with maturities ranging from one to 10 years and coupon payments every six months.

Business valuation is an estimated value or worth of an asset. Investors use their estimated valuations and compare them to market prices.

A trade discount is an amount or rate reduced from the retail price of an item that is agreed upon when sold to a reseller.