Stocks, Bonds & FI

It is okay to purchase stock for the company you work for.

Investment firms, insurance companies, savings & loans, and CU's are all types of banks.

A rising market is described as a 

A sum of money paid to shareholders out of a corporation's earnings.

If a bond's current yield is < its yield to maturity, then the bond is selling at a discount.

Unsecured bonds that are only issued by creditworthy firms.

occurs when the price of a bond is lower than its par value

NASDAQ and NYSE compete for stock listings.

When market rates rise, bond prices rise.

The last reported price at which a security was sold.

A bond that is secured by a guarantee of real property.

When you make the decision to make your company a corporation, you have option to sell stock

pays the holder of the bond a fixed-interest payment every year until the bond reaches maturity

Each stock has a distinct abbreviation called a

A kind of property ownership in which everyone who uses a facility is a part owner.

underwriter agreement to use all efforts to sell as much of an issue as possible to the public.

a legal document that gives pertinent information about the company offering the shares.

Stock exchanges are located all over the world.

A market where dealers are assigned for specific securities.

If a bond's current yield is = its yield to maturity, then it is selling at a premium.

An instrument bearing legal evidence of debt.

All of the following are considered a market index except

A portion of a company's profits that is paid out to its shareholders.

bonds frequently unsecured or thinly backed by company assets; relatively high risk.

With preferred stock, you are guaranteed a dividend if the company is profitable.

part ownership providing voting rights, and dividends and/or capital appreciation.

When you go public, who is going to check that everything you do is legal?

nominal/current $ yield is fixed/determined w/certainty at purchase, typically debt securities.

The first offering of stock for a company is sold on the 

specified final amount that an issuer promises to pay to the bond owner at date of maturity.

Credit unions are owned by the same people to whom they lend money.

Another term for a savings and loan.

long-term debt security issued by corps/govts w/fixed-interest payments for a period > 1 year.

Par value is also known as face value.

relationship: increase in the value of 1 # results in a decrease in the value of the other #.

The first time a business sells stock (a share in the company) to the public.

Bonds are not necessarily issued at par but all bonds reach par at

refers to the interest rate stated on the face of the bond

gives the issuer the ability to buy the security back from investors before date of maturity.

% paid out from stock dividend or interest pmts made on bond, stated in terms of the current $

Companies that specialize in selling securities (like stocks or bonds) issued by businesses.