Related Words

J: Fifth letter of a Nasdaq stock symbol specifying the issue is the voting stock of the company.

Modified Adjusted Gross Income (MAGI): Your modified adjusted gross income (MAGI) is your adjusted gross income (AGI) plus deductions, such as college loan interest and contributions to a deductible individual retirement account . . . View Full Definition

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 relation to how much risk you'd be taking t . . . View Full Definition

Abstract Of Judgment: A full summary by the court of a judgment. It becomes a general lien on all of a debtors property in the county where it is recorded.

Junk Bond: Junk bonds carry a higher-than-average risk of default, which means that the bond issuer may not be able to meet interest payments or repay the loan when it matures. Except for bonds that ar . . . View Full Definition

AJAX: Asynchronous JavaScript and XML is a technique which allows a web page to request additional data from a server without requiring a new page to load.

Junior Security: In the world of bonds, the term junior means having less claim to repayment. If you own a junior security and the issuing company goes out of business, you have less claim on any assets than . . . View Full Definition

Investment Objective: An investment objective is a financial goal that helps determine the type of investments you make. For example, if you want a source of regular income, you might select a portfolio of high-r . . . View Full Definition

January Effect: Each year, the stock market tends to increase slightly in value between December 31 and the end of the first week of January. Known as the January Effect, this rise starts when investors sel . . . View Full Definition

Jumbo CD: Jumbo CDs are large-denomination certificates of deposit with balances of at least $100,000, and sometimes $1 million or more. They tend to pay higher rates than smaller CDs and are purchase . . . View Full Definition