Stocks, Bonds & FI

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

A rising market is described as a 

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

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

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

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

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

The last reported price at which a security was sold.

When market rates rise, bond prices rise.

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

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

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

An instrument bearing legal evidence of debt.

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

NASDAQ and NYSE compete for stock listings.

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

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

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

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

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

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

Another term for a savings and loan.

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

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

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

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

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

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

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

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

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

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

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

A market where dealers are assigned for specific securities.

Each stock has a distinct abbreviation called a

Unsecured bonds that are only issued by creditworthy firms.

Par value is also known as face value.

All of the following are considered a market index except

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

Stock exchanges are located all over the world.