Chapters 10 & 11 Economics Final

failing to pay back a loan

a market for buying and selling stock

objects that have value b/c a gov't has decreed that they are an acceptable means 2 pay debts

a specific type of loan that is used to buy real estate

the price paid for the use of borrowed money

a market for reselling financial assets

a bond's stated value, to be paid to the bondholder at maturity. (the IOU amount)

a claim on the property or income of a borrower

coins and paper bills used and money

a banking system that keeps only a fraction of its funds on hand and lends out the remainder

the direct exchange of one set of goods or services for another... no bills or coins r exchange

a business that specializes in trading stocks

objects that have value b/c the holder can exchange them for something else of value

a bank that belongs to the Federal Reserve System (1,000s of these in the U.S)

a market in which money is lent for periods of 1 year or less

an institution that helps channel funds from savers to borrowers. Ex. Bank or Stock Market

a bank chartered by the federal government

act of redirecting resources from being consumed today so they create benefits in the future

a card entitling its owner to buy g/s's based on the owner's promise to pay for those g/s's

something that keeps its value if it is stored rather than spent

a means for comparing the values of goods and services

the difference between the selling price & purchase price that results in a gain for the seller

a monetary system in which paper money and coins had the value of amounts of gold owned

the difference between the selling price & purchase price that results in a loss for the seller

a fund that pools money from small savers to purchase short-term gov't and corporate securities

a bond that protects the investor against inflation by its linkage to an index of inflation

an institution for receiving, keeping, and lending money

the ability to be used as, or directly converted into, cash

a widespread panic in which many people try to redeem their paper money at the same time

coined money, usually gold or silver, used to back paper money

a paper currency issued during the Civil War

objects that have value in and of themselves and that are also used as money

a contract for buying stock at a particular price until a specified future date

money in a checking account that can be paid out "on demand," or at any time

this is anything that serves as a medium of exchange, a unit of account, & a store of value

the strategy of spreading out investments to reduce the risk of losing all your money

network of structures & mechanisms that allows the transfer of money between savers & borrowers

a bond issued by a corporation to help raise money for expansion

the practice of making high-risk investments w/ borrowed money in hopes of getting a big return

the amount of money borrowed

a portion of stock

organization that pools the savings of many individuals & invests this $ in stocks & bonds, etc

a bond with high risk and potentially high yield

a bond issued by a state or local gov't or a municipality to finance a public project

all the money available in the United States economy

the money an investor receives above and beyond the sum of money initially invested

a person who links buyers and sellers of stock

a person or institution to whom money is owed

the seizure of property from borrowers who are unable to repay their loans

a market in which money is lent for period longer than 1 year

a bank that can lend to other banks in time of need

a market for selling financial assets that can be redeemed only by the original holder

the time at which payment to the bondholder is due

the annual rate of return on a bond if the bond is held to maturity

contracts that give the right to buy/sell stock @ a specific $ until the specific future date

an investment report that provides information to potential investors

a contract for selling stock at a particular price until a specified future date

a steady rise in the stock market over a period of time

the interest rate that a bond issuer will pay to the bondholder

anything that is used to determine value during the exchange of goods and services

a card used to withdraw money from a bank account

a collection of financial assets

a low-denomination bond issued by the United States government

a steady drop or stagnation in the stock market over a period of time

contracts to buy/sell commodities @ a specific date in the future @ a price specified today

private investment organization that employs risky strategies that often made huge profits

the division of each single share of a company's stock into more than one share