Chapter 2 Vocabulary
Across
- 4. A type of ETF transaction; money is deposited directly into the customer's checking account.
- 5. someone who assists you with purchasing stocks and bonds
- 7. Any organization that provides services related to money
- 9. A security that pays interest over terms of ten or thirty years.
- 10. owners are personally liable for their company’s losses
- 12. A security that matures in a year or loss.
Down
- 1. A financial institution that does not accept deposits
- 2. Action taken to manage supply of money and interest rate.
- 3. A financial institution that accepts money from customers and deposits it into the customer's account.
- 6. A document guaranteeing payment of a specific amount.
- 8. A security that pays interest over terms ranging from two to ten years.
- 11. A financial investment issued by a corporation, government, or other organization.