High-yield Series 6 terms that should become fast-recognition concepts before exam day.
On this page
Use this glossary for recall speed, not first exposure. The goal is to make common Series 6 terms instantly recognizable so the exam stem feels familiar rather than dense.
Term
Quick meaning
NAV
Per-share net asset value of a fund
POP
Public offering price paid by the customer
breakpoint
Sales-charge reduction based on purchase level or rights of accumulation
accumulation unit
Variable annuity unit used before annuitization
annuity unit
Unit used after annuitization to determine payment amount
suitability
Matching the recommendation to the customer’s profile and needs
prospectus
Disclosure document describing the investment and its risks
Key Takeaways
Glossary work is strongest when paired with full lessons.
Terms should trigger a concept, not just a memorized phrase.
Fast term recognition reduces hesitation during the exam.
Sample Exam Question
Which term most directly refers to the value of a mutual fund share before a sales charge is added?
A. breakpoint B. annuity unit C. NAV D. POP
Answer: C. Net asset value is the per-share value before any applicable sales charge is added to reach the public offering price.