Keywords for the Wall Street Crash

Question 1

Economy

Answer 1

The circulation of money (buying, selling, inflation etc.) in an area/ country

Question 2

Stocks and shares

Answer 2

Parts of a company’s assets and earnings that are sold. Owning a share in a company means you make money and have some ownership of that company.

Question 3

Wall Street

Answer 3

A street in New York’s financial district, where the New York Stock Exchange building is.

Question 4

Stock market

Answer 4

The market on which stocks and shares of companies are bought and sold. Lots of this happens in a building called the stock exchange where brokers bid and trade huge amounts of money.

Question 5

Investor

Answer 5

a person or organization that puts money into financial schemes, property, etc. with the expectation of achieving a profit. In this case, they own stocks and shares

Question 6

Broker

Answer 6

A person who buys and sells stocks and shares on behalf of investors

Question 7

Bull Market

Answer 7

Stock market where there is lots of confidence and lots of buying and selling

Question 8

Bull Pool

Answer 8

Method by which dishonest brokers bought and sold stock to and from each other to keep prices high

Question 9

Forecast

Answer 9

predict or estimate (a future event or trend).

Question 10

Bankrupt

Answer 10

(of a person or organization) declared in law as unable to pay their debts. Their assets are taken away from them.

Question 11

Ticker

Answer 11

Ticker tape on which stocks and shares transactions were recorded

Question 12

Dow Jones Index and New York Times Index

Answer 12

Two indicators of how well stocks and shares are doing, based on the top 25 leadings stocks (they show when the value of stocks are going up and down)