Ch 11-3 Vocab

12345678910111213
Across
  1. 3. or securities exchange physical place where buyers and sellers meet to exchange securities
  2. 4. Market Hypothesis (EMH) argument that stocks are always priced about right, and that bargains are hard to find because they are closely watched by so many investors
  3. 6. fund company that sells shares of a portfolio of securities, e.g., stocks and bonds issued by other companies
  4. 7. market period during which stock market prices move up for several months or years in a row
  5. 8. the length of time you need to work at the company before you can take the employer’s matching contribution with you
  6. 9. asset value (NAV) the market value of a mutual fund share determined by dividing the value of the fund by the number of shares issued
  7. 10. market market in which a transaction is made immediately at the prevailing price
  8. 11. market period during which stock market prices move down for several months or years in a row
  9. 12. Jones Industrial Average (DJIA) an index of 30 representative stocks used to monitor price changes in the overall stock market
  10. 13. person who buys or sells securities for investors
Down
  1. 1. plan a tax-deferred investment and savings plan that acts as a personal pension fund for employees
  2. 2. diversification strategy of holding different investments to minimize risk
  3. 4. stocks that represent ownership shares in corporations
  4. 5. something suggested to be naturally understood
  5. 10. & Poor's 500 (S&P 500) an index of 500 stocks used to monitor prices on the NYSE, American Stock Exchange, and the OTC market