• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/18

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

18 Cards in this Set

  • Front
  • Back
annual interest expressed as a percentage of the amount borrowed or saved
interest rate
a downward-sloping curve showing the negative relationship between the interest rate and the quntity of loans demanded, other things constant
demand for loans curve
an upward sloping curve showing hte positive relationship between the interest rate and the quantity of loans supplied, other things constatn
supply of loans curve
the market that brings together borrowers (the demanders of loans ad savers(the suplliers of loans) to determine the market interest rate
market for loans
the only interest rate at which the quntity of loans demanded equals the quantity of loans supllied
equlibrium interst rate
banks and other institutions that serve as go-betweens, accepting funds from savers and lending them to borrowers
financial intermediaries
the ability to borrow now, based on the promise of repayment in the future
credit
an arrangment iwht a bank through which a business can quickly borrow needed cash
line of credit
the interest rate lenders charge for loans to their most trustworthy business borrowers
prime rate
an asset owned by the borrower htat can be sold topay off the loan in the even the loan is not repaid
collateral
the initial sale of corporate stock to the public
initial public offering (IPO)
the portion of after-tax corporate profit paid out to shareholders
dividend
the portion of aftertax corporate profit reinvested in the firm
retained earnings
a contract promising to repay borrowed money on a designmated date and pay interest along the way
bond
corporate stock and corporate bonds
securities
one firm combines with another from which it buys inputs or to which it sells output, such as a merger between a steel producer and an automaker
vertical merger
one firm combines wiht another firm n a different industry, such as a merger between a plastics maker and an electronics firm
conglomerate merger
a larger corporation that makes and sells it products around the world
multinational corporation (MNC)