Ch. 11 Review

a bond with high risk and potentially high yield

a collection of financial assets

the time at which payment to a bondholder is due

stockholders who are voting members of the company

average value of a particular set of stocks

shares in a company

a low-denomination bond issued by the United States government

a bond issued by a state or local government or a municipality to finance a public project

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

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

selling the stock for more than you paid for it

contracts to buy/sell commodities at a particular date in the future at a specified price today

bond’s stated value, to be paid to the bondholder at maturity

part of the firm’s profits

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

provides investors with income by paying dividends

organization pools savings of many and invests money in variety of stocks, bonds, other assets

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

___ are very safe because they are insured by the government.

steady rise in the stock market over a period of time

These holders are nonvoting members of the company

private investment organization that employs risky strategies to try to make huge profits

_______________ is the country’s largest and most powerful exchange

an institution that helps channel funds from savers to borrowers