I wanted to (finally) give you a money dictionary that doesn’t require a dictionary to understand the word’s definition. That doesn’t exist . . . so I made my own. You know how you explain a term to a friend who doesn’t “get” it? That’s the way it’s written here. Let this glossary be your go-to guide for definitions with a practical perspective whenever you need a little cheat-sheet. Some stuff changes over the years, but these basics never go out of style.
Quality assurance, i.e., the measures you take to make sure that the product or service you’re offering in the way it’s supposed to.
Qualified Account -
Qualified Account: An account that allows for a tax break on the contributions you make to it. Qualified accounts, like a 401(k) allow you to funnel a portion of your paycheck each month into the account, which reduces your overall taxable income— meaning you pay less in taxes at the end of the year. (See also: Nonqualified Account)
Measuring something by its qualities— characteristics, behaviors, overall performance— rather than how much of it is on the market.
Measuring something by its quantity— volume, frequency, market saturation— rather than how it behaves or how well it performs.
In finance, quarter refers to a quarter year. Companies tend to report earnings on a quarterly cycle. That’s why you see Q1, Q2, etc. when talking about the health of diff erent companies. When quarterly earnings reports roll around, the stock market often gets edgy. It also gets edgy when the government releases certain economic statistics every quarter, like GDP.
- Synonyms: First Quarter results were excellent
Quarter: In finance, quarter refers to a quarter year. Companies tend to report earnings on a quarterly cycle. That’s why you see Q1, Q2, etc. when talking about the health of different companies. When quarterly earnings reports roll around, the stock market often gets edgy. It also gets edgy when the government releases certain economic statistics every quarter, like GDP.
Quarterly Earnings Report -
Quarterly Earnings Report: Publicly traded companies tend to release information about their performance on a periodic basis, sometimes quarterly. A quarterly earnings report discloses information about the company’s net income, earnings per share, net sales, and more. This information helps industry analysts and investors to understand the overall health of a company better. Quarterly reports tend to be issued at the beginning of January, April, July and October and reflect past financial information. (See also: Quarter)
Quote: You’ll usually hear the word “quote” being used in reference to a “stock quote” or “quoted price.” Stocks and other securities that are traded on an exchange trade at different prices throughout the day. At any given point, the “stock quote” or “quoted price” is the most recent price at which a buyer and seller agree to acquire and sell the asset.