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10 Cards in this Set
- Front
- Back
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A group of individuals elected by the stockholder to oversee the general operation of the company and who set the companies long term objectives |
Board of Directors |
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A special type stock whose owners, though generally not having a say in running the company, have a claim to profits before other stockholders do |
Preferred Stock |
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Owners of this stock have voting rights yet do not receive preferential treatment. |
Common Stock |
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Joint Venture |
A partnership set up for a specific project |
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Means by which the government controls the economy through the money supply |
Monetary Policy |
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Decisions to buy or sell US Treasury bills (short -term debt offered by the U.S. government) and other investments in the open Market |
Open Market Operations |
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A percentage of deposits that banks must hold in reserve |
Reserve requirement |
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The rate of interest the Fed charges to loan money to any banking institution to meet reserve requirements |
Discount Rate |
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The authority to establish credit rules for financial institutions and some private investors |
Credit Controls |
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A type of business that is taxed as a partnership |
S- Corporation |
