Page U and V Flashcards
sell previously owned stocks and bonds; sell newly issued stocks and bonds; bond markets; NYSE and NASDAQ; stock markets
financial markets
handle mergers and takeovers; provide advice, expertise, and salespeople; provide assistance in buying and selling financial assets; sell previously owned stocks and bonds; sell newly issued stocks and bonds; investment banks
securities firms
market in which assets with a maturity of more than one year are bought and sold
capital market
market in which assets with a maturity of less than one year are bought and sold
money market
market of declining prices
bear market
market that transfers existing assets from one saver to another
secondary financial market
market that sells newly issued financial assets for businesses or for investment banks
primary financial market
market of rising prices
bull market
mature in less than one year; include negotiable CDs, commercial paper, and U.S Treasury bills; are more liquid
money market assets
include stocks, bonds, and mortgages; have no maturity date or mature in more than one year; offer a higher return on investment
capital market assets
can be sold in secondary market before maturity
negotiable CDs
provides partial ownership of a company
stock
periodic payment made to stockholders
dividend
large corporation’s short-term promissory note
commercial paper
government IOUs that mature in less than one year
U.S Treasury bills
an increase in the value of stock
capital gain
less expensive stock; stock that includes the right to vote at stockholders’ meetings
common stock
less risky stock; stock that pays a fixed dividend rate
preferred stock
loans secured by real estate
mortgage
investment in diversified stocks through one entity
mutual funds
promissory notes issued by churches, government entities, or corporations
bonds
One lays up treasures in Heaven by demonstrating love for ____ and others; living in _____________ and ______________; serving _________ with pure motives
God; righteousness, holiness; God
