ETF
Also called: ETFs, exchange-traded fund, exchange traded fund
Short for Exchange-Traded Fund. It is a basket of stocks or bonds that you can buy and sell like one stock.
Example
You buy one share of an ETF and now own a little bit of hundreds of companies.
Why it matters
Look at the fee, called the expense ratio. Lower is usually better.
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401(k)
A savings plan for when you stop working, offered by your job. Money comes right out of your check and can grow for years.
Bond
A loan you give to a company or the government. They pay you back later, with interest.
Compound Interest
When you earn money on your money and also on the money it already earned. Over time, it grows faster and faster.
Dividend
Money some companies pay to people who own their stock, often every few months. It is a share of the profit.
For learning, not personal financial, tax or legal advice. Rules and limits can change each year, so check official sources (like IRS.gov or your plan's documents) or a trusted pro before big decisions.