chapter 2
Across
- 4. A market where companies can raise money by issuing new securities.
- 6. A market where investors buy and sell securities that have already been issued in the primary capital market.
- 7. A type of payment card that allows customers to borrow money from the card issuer to make purchases and pay for services.
- 9. A type of payment card that allows customers to access money in their bank accounts to make purchases and pay for services.
- 11. A document sent to customers by their broker after a transaction that outlines the details of the transaction, such as the price, amount, and settlement date.
- 18. A financial institution that holds money from customers and invests it in various ways, such as making loans or buying securities.
- 20. A type of long-term debt security issued by the U.S. government with a maturity of more than ten years.
- 23. A company that provides financial services such as loans and investments to individuals and businesses.
- 24. payment: A type of payment service that allows customers to automatically make payments on bills such as utility bills and credit cards.
- 25. A type of security that represents ownership in a company and allows investors to share in the profits and losses of the company.
- 26. Bonds with a credit rating below investment grade, meaning they are considered to be higher risk investments.
- 27. A financial institution that offers savings accounts and makes loans to individuals and businesses.
Down
- 1. A type of payment method in which the customer writes a check to the recipient for the amount due.
- 2. A type of professionally managed investment fund that pools money from multiple investors to buy a portfolio of stocks, bonds, and other securities.
- 3. A method of electronically transferring money from one bank account to another, often used for paying employees or making payments to vendors.
- 5. A formal document that companies issue each year that details their financial performance and operations over the previous year.
- 8. A type of bank account that pays interest on deposits and allows customers to withdraw money.
- 10. Banks that provide a wide range of services to businesses and individuals, including checking and savings accounts, loans, and investments.
- 12. A type of intermediate-term debt security issued by the U.S. government with a maturity of two to ten years.
- 13. A type of short-term debt security issued by the U.S. government with a maturity of one year or less.
- 14. transfer: A method of electronically transferring money from one bank account to another.
- 15. A type of bank account that allows customers to deposit and withdraw money and make payments.
- 16. A financial institution that does not take deposits from customers but instead provides services such as insurance, investments, and loans. Examples include insurance companies, securities firms, and investment banks.
- 17. A type of business entity that is owned by its shareholders and is not publicly traded.
- 19. A financial cooperative owned and operated by its members, providing a range of services such as savings accounts, loans, and other financial services.
- 21. A type of security that represents a loan made to a company or government. The borrower agrees to pay back the loan with interest at a predetermined rate.
- 22. A type of security that represents a portion of ownership in a company.