fin lit unit 4

 After an IPO, stocks are bought and sold on exchanges such as the NYSE or NASDAQ, which are examples of ______ markets.

What three-word key term is the name for the central bank of the United States?

What 2 word key term is the name for the small book provided by the bank for ppl to track their bank account activity?

What retirement account, offering certain tax benefits, was established by the fed govt to encourage people to save $

What key term represents the name for the fee paid to stockbrokers for carrying out stock exchange transactions? 

What two-word key term is associated with low-rated, high-risk bonds?

What four-word/letter key term represents the U.S. government’s guaranteed protection of money deposited into banks

What type of IRA has contributions that are tax deductible?

What 2-word key term refers to interest that is earned only on the amount deposited in an account, or the principal.

What government agency ensures that stocks are bought and sold on a fair basis?

What 4 word key term refers to money received today is worth more than that same amount of money received next year

What is the name for a cash reward which is sometimes offered to ppl who own stock in a company, if the company succeeds

What type of bank account, b/c money can be withdrawn from this account at any time, is referred to as a ‘demand deposit

What type of brokerage would have a higher commission, a discount or full-service brokerage?

Insurance companies, loan companies, & investment companies are classified as what type of financial institution?

What two-word key term is the name for the interest rate charged to banks by the Federal Reserve System?

What 3word key term is the name for the firstmarket where a company offers their stocks to be bought for the 1st time? 

What do the initials “PIN” literally stand for?

What key term represents the process of investing in multiple investments, in order to reduce risk?

A will represents a legal request for how a person’s estate (or their assets) should be distributed upon their death ?

This is when a person will deposit a certain amount of $ into the bank for an amount of time, earning a *interest rate

What two-word key term represents organizations that function just like a bank, but on a not-for-profit basis?

What key term relates to the way that interest added to an account then can later earn interest itself?

The “Rule of 72” is used to determine how long it would take for a person to do what with the money in their account

A Roth IRA is not tax deductible, but has earnings that will never be taxed.