Quiz: Do You Understand Financial Jargon?

Five questions to test what you know.

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"Active management," "asset class," and "basis point" are just a few of the terms people in the financial services industry use every day that casual investors and retirement savers may not understand. AARP Financial developed a Jargon Quiz to determine people's knowledge of financial terms. You can test your investing savvy with these sample questions.

  1. The term "basis point" refers to:
  2. True or false: Contributions to a Roth IRA are not tax deductible.
  3. The term "expense ratio" refers to:
  4. NAV stands for:
  5. Which of the following is not used for retirement investing?

See the correct answers