Crossword #2

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Across
  1. 1. ________ Market is a period in capital market when investors are on a selling spree and the share prices are going down
  2. 3. A global analytical company providing ratings, research, risk and policy advisory services, a majority of whose shares are held by Standard & Poor
  3. 6. __________ are stocks purchased from a company that has maintained a record of stable earnings and continuous dividend payments through periods of economic downturn
  4. 9. It is a company set up primarily for managing the investment of mutual funds
  5. 10. The annual rate of interest payable on a debt security, expressed as a percentage of the face value of the instrument
  6. 11. The difference between the bid and the ask prices of a stock
  7. 12. A strategy used to limit investment loss by making a transaction that offsets an existing position.
Down
  1. 2. The simultaneous purchase of a security on one stock market and the sale of the same security on another stock market at prices which yield a profit
  2. 4. It states a privilege to buy or sell, receive, or deliver property, given in accordance with the terms stated, with a consideration for price
  3. 5. It is a standard against which a scheme's performance can be compared
  4. 7. The person(s) to whom the assets should be distributed upon the death of the account holder
  5. 8. It is an agreement in writing for the purpose of allocating funds or securities deposited by the giver or grantor to a third party (the escrow agent), for the eventual benefit of the second party (the grantee).