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23 Cards in this Set
- Front
- Back
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American Stock Exchange
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Second largest stock in US, known as Curb Exchange: started in streets of NYC
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Blue Chip
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Well established company, good earnings and good stock dividends
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Certificate of Deposit
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Money market instrument with a set date of maturity and interest rate is issued by banks
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Common Stock
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Securities that represent an ownership interest in a corp.
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Depression
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Low prices, high unemployment, and large buisness failures
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Dividend
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Payment to stockholders from corp. usually fixed on preferred shares, on common shares the dividend varies with prosperity & needs of the company
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Dow Jones
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statistical average, based on 30 leading companies in NYSE
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Federal Reserve Banks
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12 banks by Federal Reserve Act, serve as agents for US gov. and its monetary policy
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Individual Retirement Account
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self funded plan made through mutual funds, insurance companies, and banks or directly in stocks and bonds through stockbrokers. Employed individuals can contribute up to a maximum yearly sum while deferring tax on interest until retirement
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Bond
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Corporations IOU note, company promises to pay holders specific interest for a length of time, bondholder is a creditor of the corp. and not a part owner, like a shareholder
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Inflation
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fall in value of money and rise in prices
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Insider Information
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acts about the plans or conditions of a corp. that have not been released to the public
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Mutual Fund
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investment company that sells shares of itself to the public, and invests the money in securities, gives individuals opportunity to take less risk in investing
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NASDAQ
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national association of securities dealers automated quotations system is an electronic stock market. Provides brokers and dealers with price quotations on securities traded over the counter
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New York Stock Exchange
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worlds largest securities market, only stocks that meet the requirements for financial solidity are listed
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Preferred Stock
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stock with a claim on the company's earnings before payment can be made on common stock and usually entitled to priority over common stock if the company liquidates
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Recession
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mild decrease in economic activity with a decline in employment and trade
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Wall Street
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street location in New York City, one of the major financial centers of the United States
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SEC
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securities and exchange commission, created by congress to help protect investors by regulating stock transactions
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Capital Gain
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profit realized by an investor who buys a security at one price and later sells it at a higher price
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Margin
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the amount paid by the customer when he uses credit to buy a security, the balance being lent to him by the broker. The federal reserve board regulates the amount of credit which may be supplied by brokers and banks in the purchase of most securities by their customers
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Speculator
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one who is willing to take large risks in hope to gain through stocks
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Stock Exchange
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place where stocks of approved companies are listed, then may be bought or sold
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